LSR Swings to First-Half Profit of 706 Million Rubles After Loss
LSR Group (LSRG), a Russian developer, reported a first-half profit of 706 million rubles as the economy recovered and elite real estate sales climbed, after a loss of 675 million rubles a year earlier.
Revenue climbed 30 percent to 23 billion rubles, the company said today in a statement.
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