May 17, 2005. /Lesprom Network/. North-West Timber Industry Company ( Saint-Petersburg, Russia) reported 1Q net profits at RUR 114 thousand in 2005. Earnings reduced 23.5% to RUR 409.571 million, cost price of the sold goods – down 26% to 378.533 million, sales profits – up 53.9% to RUR 18.213 million, gross profits – up 29% to 31.038 million.