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AvtoVAZ net profit up
AvtoVAZ’s net profit under Russian Accounting Standards grew 25.6% in 2011 compared to 2010, reaching RUR3.106bn ($104.8mn, or (EURO)80.2mn), Russia’s largest car producer said. Its revenues grew 27.6% and stood at RUR174.846bn.
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source: RIA novosti
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