Profits of the State Trading Organisation (STO) dropped 10 percent in 2009 to Rf140 million, reports Haveeru.
The company received Rf3.8 billion in revenue last year, a 35 percent decline from 2008 (Rf5.9 billion).
The company directors’ report blamed the impact of the worldwide economic recession and a drop in imports due to the dollar shortage.
Likes
(0)Dislikes
(0)
![](https://minivannewsarchive.com/cmsMUIH10/wp-content/plugins/like-dislike-counter-for-posts-pages-and-comments/images/up.png)
![](https://minivannewsarchive.com/cmsMUIH10/wp-content/plugins/like-dislike-counter-for-posts-pages-and-comments/images/down.png)