Khlibprom Reports Net Loss of USD 0.4 mln in 2007
25 March 2008
According to Interfax, Khlibprom (HLPR: N/R) ended 2007 with a net loss of USD 0.4 mln, versus its net income of USD 1.0 mln in 2006. A company press release attributed the decline to bread price regulation by the government. The company’s sales, however, grew 27% yoy to USD 76 mln in 2007.
