November 28, 2012 / 7:06 AM / 5 years ago

Russia's Cherkizovo Q3 net profit up 64 pct yr/yr

MOSCOW, Nov 27 (Reuters) - Russian meat firm Cherkizovo said on Wednesday its third-quarter net profit rose 64 percent, year-on-year, to $62.8 million.

Sales rose 3 percent in dollar terms to $394.5 million, while increasing by 11 percent in roubles, the company said in a statement.

A Reuters survey of six analysts had produced average net profit and revenue forecasts of $56.3 million and $397.6 million respectively.

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