Kotlassky PPM 1H 2006 net income up 26%
. Net income of Kotlassky pulp-and-paper mill (Arkhanguelsk region, Russia, belongs to Ilim Pulp Corp.) in first half 2006 rose to RUR 874.8 million year-on-year.
Aug 17, 2006. /Lesprom Network/. Net income of Kotlassky pulp-and-paper mill (Arkhanguelsk region, Russia, belongs to Ilim Pulp Corp.) in first half 2006 rose by 26% to RUR 874.8 million year-on-year, Ilim Pulp press-service reported.
Net sales increased by 8.6% to RUR 6.0 billion, cost of sales – by 12.2% to RUR 4.0 billion. Gross profit increased by 2% to RUR 1.9 billion, profit on sales – by 9.8% to RUR 1.2 billion, pre-tax profit – by 25.1% to RUR 1.2 billion.