Russia: Electrostal net profit down in 2017
In 2017 the Moscow region-based Electrostal decreased net profit by 8% YoY, to 145.4 million rubles. In the past five years the company has always been demonstrating profit – 158 million rubles, 129 million rubles, 16 million rubles and 370 million rubles in 2016, 2015, 2014 and 2013 respectively. In Q4 2017 the net profit…