KIEV, July 26 – State-run arms export and import company Ukrspecexport doubled revenues from sales year-over-year in H1, to UAH 1.14 billion.

As the company said in the information disclosure system of the State Commission on Securities and the Stock Market, its net revenues in the first half soared by six times, to UAH 172.74 million, while its net profit amounted to UAH 4.55 million, compared to a net loss of UAH 3.32 million UAH in the first half of 2010.

The company's gross profit in the first half of 2011 grew by 3.7 times, to UAH 101.71 million, and its operating profit totaled UAH 3.4 million, while the company posted operating losses in January-June 2010 estimated at UAH 4.86 million.