Rostovgorgaz Releases Net Loss
OREANDA-NEWS. November 19, 2007. In the third quarter of 2007 net loss of Rostovgorgaz OAO rose RUR7,043,000 or 46,7% compared to the 2nd quarter of 2007, reported the press-centre of Rostovgorgaz.
According to the company's official statement presented to SKRIN, in July-September 2007 net loss came in at RUR22,135,000 against net loss of RUR15,092,000 in April-June 2007.
The rise in net loss was explained by the change of volume of gas transportation due to seasonal fluctuations of consumption.
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