http://en.rian.ru/business/20090415/121117118.html
Russian diamond firm Alrosa posts 1,650% q-o-q net profit rise
10:42 | 15/ 04/ 2009
MOSCOW, April 15 (RIA Novosti) - Russia's largest diamond miner Alrosa said on
Wednesday its net profit calculated to Russian Accounting Standards increased
1,650% quarter-on-quarter in January-March of 2009 to 1.86 billion rubles
($55.7 million).
In the fourth quarter, Alrosa posted a net profit of 112.6 million rubles ($3.4
million).
Alrosa accounts for 97% of Russian and 25% of global diamond output. The
Russian government holds a 50.9% stake in the company.
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