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  • VSMPO-Avisma’s 2024 Net Profit Drops by 32% Amid Lower Revenue

    VSMPO-Avisma’s 2024 Net Profit Drops by 32% Amid Lower Revenue

    VSMPO-Avisma, based in Verkhnyaya Salda, Russia, reported a 32% decrease in net profit under IFRS for 2024, totaling more than 16.85 billion rubles (about $182 million USD). This marks a notable decline from the 24.85 billion rubles (about $269 million USD) recorded in 2023. The company’s revenue also fell by 2.4% to 118.55 billion rubles...
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