Russia's Diamond Colony by John Tichotsky

Author:John Tichotsky [Tichotsky, John]
Language: eng
Format: epub
Tags: History, Russia & the Former Soviet Union, Performing Arts, General, Theater
ISBN: 9781134413867
Google: V02BAgAAQBAJ
Publisher: Routledge
Published: 2014-01-02T01:21:37+00:00

FIGURE 5.10

Costs measured in kopeks per ruble for selected firms

High costs are the main reason that companies struggle with profitability. Low costs are precisely the advantage that the Diamond Russia Sakha enjoys over other companies. Figure 5.10 depicts a Sakha government indicator that shows how many kopeks selected companies pay in costs relative to each ruble they receive in income. In this figure anything greater than 100 means that the company pays out more money than it receives. Figure 5.11 compares gross costs with gross earnings measured in kopeks. In both cases, it is again evident that the diamond industry has some of the lowest costs in Sakha.

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