Sumy Frunze net profit drops 260x yoy in 2011

7 March 2012

Sumy Frunze (SMASH UK), one of Europe’s leading producers of compressors for the oil, gas and chemical industries, decreased net income 260x yoy to just UAH 0.36 mln in 2011, according to the agenda for the company’s AGM on April 10. The company’s total assets fell 12% yoy to UAH 3.5 bln.

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