Belarus: Keramin net profit down H1 2016

Belarus’ OAO Keramin (based in Minsk, sanitary stoneware manufacturer) earned a net profit of Br3.754 million ($1.95 million) in H1 2016, down by 46.4% YoY, according to the Q2 report of the Finance Ministry’s Department for bonds and securities. Keramin’s sales proceeds totaled 69.895 billion rubles ($36.307 million), down by 1% YoY. The statutory capital…

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