In the first quarter of 2008, net profit of Almaz Shipbuilding Company fell 3.46 times, year-on-year, to RUR 3.64 million, the company informs. In the reported period, the company’s revenue fell from RUR 177.2 million to RUR 13.26 million.
Almaz Shipbuilding Company is situated in the central part of Saint-Petersburg on Petrovsky island in the immediate vicinity of Finish gulf. It occupies the territory of about 165 000 sq.m including 50 000 sq.m occupied with workshops fitted with modern equipment. Shipbuilding specialization of the company does not exclude accomplishment of complex machine-building orders: components of nuclear electric power stations, drill rig blocks and high-precision metal structures.