20 March 2009
According to financial results disclosed by Motor Sich (MSICH) yesterday, the company raised its net revenue in 2008 by 17% yoy to UAH 2,047 mln (USD 388 mln). The company’s EBITDA decreased 8% yoy to UAH 365 mln (USD 69 mln), and net income dropped from UAH 216 mln in 2007 to UAH 3.8 mln (USD 0.7 mln).