AvtoVAZ's sales revenues calculated in accordance with the Russian accounting standards amounted to 50.3bn rubles ($1.66bn) in the first half of 2003, which was a 2.86-percent advance compared to the corresponding period of last year, the Russian car manufacturer said in its report. The company's sales income dropped by 32.8 percent to 4.3bn rubles ($141.7m) in the reported period.
The net income of AvtoVAZ calculated in accordance with the Russian accounting standards was 1.487bn rubles ($49m) in the first six months of 2003, which was 41 percent less than in the first half of 2002.
AvtoVAZ sold 321,563 automobiles on the Russian market in the period from January to June 2003, a 3.8-percent gain against the corresponding period of last year. The production of automobiles decreased by 14 percent to 320,395 in the reported period.
World's most powerful nuclear submarines, Arkhangelsk and Severstal, are to be dismantled after 2020 - their further exploitation is unprofitable
The United States' Head of Diplomacy, or Secretary of State, is an anachronistic, incompetent, meddling, intrusive, insolent and arrogant, rude individual, a brash, foul-mouthed upstart, a conceited, self-important guttersnipe and an insult to the international community, as fit for the job as a pedophile janitor in a grade school.