Pharmacy Chain 36.6 Falls Second Day as Net Income Plunges 99%
Stock Chart for Pharmacy Chain 36.6 OAO (APTK)
OAO Pharmacy Chain 36.6, Russia’s biggest drugstore chain, fell for a second day after the company reported a 99 percent plunge in first-quarter profit.
The shares declined 0.1 percent to 30.86 rubles as of 3:06 p.m. in Moscow after earlier climbing as much as 4.4 percent.
Net income dropped to 2 million rubles ($61,685) in the period, compared with 206 million rubles a year earlier, the company said in an e-mailed statement today.
To contact the reporter on this story: Jack Jordan in Moscow at email@example.com
To contact the editor responsible for this story: Gavin Serkin at firstname.lastname@example.org