Russia: BrAZ profit down in 2017
In 2017 Bratsk Aluminum Works received 2.76 billion rubles of net profit, down by 26.2% YoY. According to the company statement, its revenue decreased by 14.6%, to 93.97 billion rubles, while gross profit grew by 12.8%, to 9.01 billion rubles. The company has not disclosed the reasons for the changes. (Ukrainian metal)