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on September 5, 2018

Cherkizovo reports jump in profits

Russian company's revenue up for both second quarter and first half

For the second quarter (ended June 30, 2018), a 5.5 percent increase year-on-year pushed total revenue of the Cherkizovo Group to RUB23.6 billion (US$345 million). The same measure for the half-year was up 5.1 percent at RUB45.5 billion.

The firm attributed these increases to volume growth across all its business…

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