Russia's AvtoVaz 2005 net profit falls four-fold

Newswire

MOSCOW, April 27 (Reuters) - Russia's largest car maker, AvtoVaz , said on Thursday its 2005 net profit had plunged four-fold to 1.4 billion roubles ($51.17 million) from 5.6 billion. The company may slash its divideds for 2005 to 5.7 roubles per share from 23 roubles paid for 2004, it said in a statement.

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