Kazan nine month results show turnover up 36%, profit 46%

Kazan nine month results show turnover up 36%, profit 46%

6-Dec-2010 Source: HeliHub.com

Revenue at OAO Kazan Helicopter Plant (KHP) for the first nine months of 2010 totalled 13.7 billion rubles, some 35.7% up on a year earlier, according to a the company’s quarterly report. This has been driven entirely by higher sales volume. Net income doubled to 2.27 billion rubles, and gross profit increased by 46,4% – up to 5.033 billion rubles.

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