Bloomberg News

Russian Sugar Producer Ros Agro Says Nine-Month Net Fell 71%

December 01, 2011

Dec. 1 (Bloomberg) -- Ros Agro Plc, the Russian grain and sugar producer known as Rusagro, said nine-month net income fell 71 percent from the same period last year to 1.09 billion rubles, in a statement today.

Sales rose 34 percent to 29.3 billion rubles, Rosagro said in a statement today. Third-quarter net fell to 1.14 billion rubles from 1.76 billion rubles. Sale rose 40 percent to 10.47 billion rubles.

--Editors: Brad Cook

To contact the reporter on this story: Yuliya Fedorinova in Moscow at yfedorinova@bloomberg.net

To contact the editor responsible for this story: John Viljoen at jviljoen@bloomberg.net


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