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. Last Updated: 07/27/2016

Uralmash Output Up




MOSCOW -- The machine-building industrial association Uralmashzavody increased its industrial output in the first three quarters of 1999 by 45.5 percent compared with the same period last year, Prime-Tass reported Monday.


Sales reached 2.547 billion rubles ($95 million), 30.7 percent more than in January-September 1998.


The group's gross profit in the reviewed period totaled 86.11 million rubles, while in the same period last year it sustained a 120.699 million ruble loss, the agency said.


The proportion of settlements made in goods has gradually reduced this year and that of cash increased accordingly, Prime-Tass reported.