  YBC posts AMD 5,01 bn net income in 2011/2012 fiscal year September 7, 2012 - 17:00 AMT PanARMENIAN.Net - Yerevan Brandy Company’s net income in 2011/2012 fiscal year grossed AMD 5,01 billion against the previous result of AMD 2,4 billion, the company’s executive director said. According to Ara Grigoryan, production exports grew by 32,8% to reach 3,4 million liters, up from 2,6 million liters; local sales increased from AMD 1,06 billion to AMD 1,5 billion. Also, the company official specifically noted soaring sales volume in July –August (638 000 liters against 240 000 liters in the same period last year.)   Top stories Yerevan has dismissed Turkey’s demand to shut down the Armenian nuclear power plant as “inappropriate”. Armenia will loan 2.9 billion drams to Nagorno Karabakh (Artsakh), according to a draft government decision. The Ministry of Ecology and Natural Resources of Azerbaijan has “strongly condemned” Armenia’s decision. Kerobyan has said that for the first time in the history of Armenia, the volume of foreign direct investments amounted to about $1 billion.   Partner news |  Latest news Viva-MTS: Tech solutions to modernize infrastructure of border village  The border village has been the focus of Viva-MTS and the Foundation for the Preservation of Wildlife and Cultural Values since 2015.Ucom's fixed network launched in Artashat To mark this occasion, the company has introduced a special offer exclusively for Artashat residents.“By Your Side”: IDBank's new support program for displaced Artsakh citizens IDBank is launching a long-term social support program for forcibly displaced Artsakh residents.The Power of One Dram to benefit Road of Life charity The companies inform that the May beneficiary of The Power of One Dram is the “Road of Life” charitable organization. |
