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Net profit of Polyus Gold by Russian Accounting Standards (RAS) in 2009 amounted to 3 billion 358 million rubles. But in the previous reporting year, the company had losses of 3.71 billion rubles.
As a result of IV quarter of 2009 net profit amounted to 1 billion 439 million rubles. (In III quarter the figure was slightly less than 310 million rubles).
The increase in net profit in the quarterly calculation of the company explains due to the receipt of dividends from JSC "Polyus" for 9 months of 2009.
Nat Lawyer
Unel Legal Consulting
Saturday, March 27, 2010
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