Veles Capital Released Daily Market Review
OREANDA-NEWS. September 16, 2009. Veles Capital released daily market review:
TNK-BP Holding: stable work at the falling market. TNK-BP Holding reported for 1H 2009 by US GAAP. So in the reported period the net profit of the company lowered by 51.6% versus the similar period of the previous year from 4.72 bn USD to 2.29 bn USD. Sales of TNK-BP Holding (TBH) reduced by 48.8% to 12.76 bn USD, at the fact that the oil indicated reduction within the reported period by 51.4%.
NWT reported for the half year. Sales of North-West Telecom, JSC (NWT) in 1H 2009 by IAS totaled 13 bn RUR versus the similar estimate of 12.5 bn RUR a year before. Operating profit formed 2.7 bn RUR versus 2.8 bn RUR for 1H 2008. Net profit reduced from 2 bn RUR to 1.2 bn RUR.
Several results of the government’s session on the matter of power energy. RusHydro might place additional shares for financing the recovery of Sayano-Shushinskaya HEPS, announced the minister of energy of RF Sergey Shmatko.
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