OREANDA-NEWS. November 26, 2009. Net loss of Balakovsk Shiprepair Yard OJSC (Balakovo, Saratov region) amounted to RUR 6.989 mln in QI-III, 2009 against the profit of RUR 12.868 mln in 2008, quarterly report of the enterprise reported. Company’s income decreased by 1.59 time (to RUR 49.689mln) within the reporting period.

Reduction of income and net profit is explained by consumers’ demand decrease and inflation growth, maintained the company.

Balakovsk Shiprepair Yard OJS is occupied in vessels repair and services on vessels anchorage.