Turboatom boosts net income 2.3x yoy in 2011
10 February 2012
Turboatom (TATM UK), the CIS’ leading power turbine producer, increased its net income 2.3x yoy to UAH 427 mln in 2011, the company reported yesterday. Revenue rose 37% yoy to UAH 1.3 bln, with 67% generated from export sales. The company reportedly outperformed its initial sales target for 2011 by 20%. Turboatom said its current order book stands at UAH 5.0 bln.
