Veles Capital Released Daily Russian Market Review
OREANDA-NEWS. April 07, 2010. Veles Capital released daily market review:
NLMC reduced the net profit by US GAAP in 2009 by 11 times to 215 mn USD. Novolipetsk metallurgy company gained 2009 net profit by US GAAP in the amount of 215 mn USD, which is 10.6 times lower than 2008 result. The net profit in 4Q last year formed 294 mn USD – 80% more than in 3Q.
KES-Holding might unite its energy assets basing on TGC-9. KES-Holding might consolidate its generating assets basing on TGC-9, announced the head of holding Mikhail Sorokin.
Volgatelecom showed good results for the previous year. Sales of Volgatelecom formed 27.1 bn RUR in 2009 versus 26.4 bn RUR a year earlier. OIBDA formed 10.8 bn RUR, having upped by 9.7% versus the previous year. The net profit grew by almost 1.5 times to the level of 4.3 bn RUR.
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