Avtovaz posts a net loss of RUB 19 billion in 9 months
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Tuesday, 17 Nov 2009
Interfax reported that Russian carmaker Avtovaz posted a net loss of RUB 19.7 billion in January to September 2009 under Russian accounting standards compared with a net profit of RUB 834 million in the same period last year.
Revenue totaled RUB 60.803 billion in January to September compared with RUB 126.6 billion a year ago.
(Sourced from Interfax)
