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Analysis: growth of earnings from Armenian companies’ sales slows down by 4.1% in 2009

YEREVAN, February 17. /ARKA/. Growth of Armenian companies’ earning from sales slowed down by 4.1% in 2009, compared with 2008, to AMD 1793.8 billion by late December, Armenian State Revenue Committee said after analyzing large taxpayers’ indicators.

Earnings from sales of Pure Iron Plant, Zangezur Copper and Molybdenum Combine, Armenian Molybdenum Production, Armenian-Canadian Grand Tobacco, Armenia-International Airports, Armenian Railway, Pares-Armenia, Agarak Copper and Molybdenum Combine, Mikmetal, Yerevan Brandy Factory, Zangezur Mining and Toyota Yerevan shrank by AMD 128.4 billion in 2009, compared with 2008, to AMD 166.9 billion.

The committee has analyzed 325 large taxpayers’ 2009 indicators. ($1 = AMD 381.33).-0-

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