In the first half of Volzhsky abrasive works reduced its net profit by almost 14%, received in January-June of the current year 151,739 million. This amount is less than for the first half of 2013 13.8% - revenue from sales increased by 5.1%, reaching 1 593,342 million rubles.
According to the management Volzhsky abrasive plant, the second quarter of last year was successful for the company - he was able to conclude an expensive deal for the sale of real estate, which significantly increased the growth of other income. In 2014 such transaction Volzhsky abrasive did not conclude, therefore, net profit for the first half declined slightly.