In the first quarter 2018, the hig Russian shoe retailer saw its net profit shrink to 83 million rubles (€ 1.15 m, $1.35 m), 43.3 per cent down as compared to the first quarter 2017, despite an increase in its revenues of 6.3 percent to 2,260 million rubles (€31.3m-$36.7m).
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