Avisma H1 Output Up 5.3%
VSMPO-Avisma, the world’s biggest titanium producer, increased output 5.3 percent to 10,400 tons in the first half of the year, as exports of the lustrous white metal surged, Interfax said Friday, citing the company.
Sales rose 19 percent from the year-earlier period to 4.8 billion rubles ($169 million), as overseas sales surged 27 percent to 3.4 billion rubles, the newswire said. Net income in the period more than doubled to 1.4 rubles under Russian Accounting Standards, Interfax said.
Sales rose 19 percent from the year-earlier period to 4.8 billion rubles ($169 million), as overseas sales surged 27 percent to 3.4 billion rubles, the newswire said. Net income in the period more than doubled to 1.4 rubles under Russian Accounting Standards, Interfax said.