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Volga’s profits down in 2001

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Published in issue 26/2002
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In the business year 2001, JSC Volga was able to increase its sales by 7 % in spite of its lower production volume. According to the company, however, at R480.78m (€ 16.23m) adjusted profits were 13.6% below those of the previous year as a result of higher operating costs. The company, in which Alfa Eko has a ...

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