Market Overview

Globaltrans H1 Net Profit Drops 7%

Russian company Globaltrans Investment reported a 7% drop in its first-half net profit.

Globaltrans posted a quarterly net profit of $148 million. Its revenue climbed 25% to $1.2 billion.

Its total cost of sales, marketing and administrative expenses jumped 40% in the period.

Posted-In: profitEarnings News

 

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