Russia’s UEC-Saturn posts $10.2 million profit in 2016

Russian engine manufacturer UEC-Saturn, a member of United Engine Corp., reported a 2016 net profit of RUB618 million ($10.2 million) reversed from a RUB2.3 billion net loss in 2015. Full-year revenue was RUB32.3 billion, up 34.2% year-over-year.The financial results were approved at the annual...

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