OREANDA-NEWS. June 01, 2010. Veles Capital released daily market review:

Rostelecom summed up the results of the previous year. In 2009 sales of Rostelecom by IAS formed 65.5 bn RUR versus 66.6 bn RUR a year before. OIBDA lowered by 12.5% to the level of 12.5 bn RUR. Net profit reduced from 12.2 bn RUR to 3.5 bn RUR. Given information comes from the report of the company.

Volgatelecom showed good results for the previous year. Sales of Volgatelecom in 2009 by IAS formed 32.8 bn RUR versus 32.1 bn RUR a year earlier. OIBDA totaled 14.5 bn RUR, which is 19% higher than the estimate of the previous year. Net profit grew from 2.9 bn RUR to 4.2 bn RUR. Given information was included in the message of the company.

Kazanorgsintez still is operating with loss. Kazanorgsintez lowered its net loss by IAS by 29.4% versus 2008 to 2.087 bn RUR, imparts the report of the company. Sales of the company lowered by 3.7% to 22.159 bn RUR, operating cost of company – by 1.2% to 18.8 bn RUR, gross profit – by 15.4% to 3.397 bn RUR, loss before tax reduced by 35% to 2.465 bn RUR. Reduction of the net loss was mainly supported by the reduction of the loss from currency exchange from 2.9 bn RUR to 629.8 mn RUR (-79%).