Dixy in the Black

Dixy Group swung to profit in the first half of the year, as the economy recovered from the steepest contraction on record, the food retailer said Friday.  

Net income was 74.8 million rubles ($2.4 million) versus a loss of 99.1 million rubles in the same period last year, Dixy said. Sales advanced 15 percent to 30.8 billion rubles.

(Bloomberg)

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