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Acron Holding summed up the results of its activity in the first half of 2005

Acron's net profit for the first half of 2005 increased 3 times and amounted to more than 2.1 billion roubles (USD 75.3 million). The product sales proceeds for the said period amounted to more than 11.9 billion roubles (USD 423.4 million), which is by 75% higher than the similar indicator of the last year. The sales proceeds, having increased 2.6 times, amounted to 3.5 billion roubles (USD 124.4 million). EBITDA reached 3.3 billion roubles (USD 116.8 million), having increased 2.6 times. Profit before tax increased 2.9 times and amounted to almost 2.9 billion roubles (USD 101.3 million). Product profitability amounted to 29.4% against 20% in the first half of 2004.