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April 16 2002, 10:41 UNIAN

Farmer's profit cut

UNIAN reported that Statistics Committee announced Apr 15 that farmers' profitability level in 2001 dropped by 2.9% in 2000. According to the said Committee the 2001 net profits of farmers made up US $175 mn versus US $264 mn in 2000.

Farming operations remained profitable with the average profitability showing 6.1% versus 9% in 2000.

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