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# Acron changed the loss to profit

Publication Date: 2020-08-31T09:00:42-04:00
Last Updated: 2020-09-07T14:41:38-04:00

Author: Dmitry Savinsky (https://www.fertilizerdaily.com/author/dsavinsky/)

Categories: [Corporate](https://www.fertilizerdaily.com/corporate/), [Markets](https://www.fertilizerdaily.com/markets/)

![Acron changed the loss to profit](https://www.fertilizerdaily.com/wp-content/uploads/2020/08/metal-dengi-rubli-monety-scaled-1.jpg)

The results have become more positive.

Acron Group has published its 2Q2020 financial results.

According to its press-release, Acron Group’s revenue has increased by 1% to 28.353 billion rubles (approximately $382.8 million) compared to the 1Q2020. The growth was facilitated by the strengthening of the US dollar against the Russian currency.

The net profit of Acron Group amounted to 9.140 billion rubles (approx. $123.4 million) versus the previous loss of 10.126 billion rubles ($136.7 million).

Tags: [Acron Group](https://www.fertilizerdaily.com/tag/acron-group/)

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