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Turboatom ups net revenue 61% yoy in 1H08

Turboatom ups net revenue 61% yoy in 1H08

28 July 2008

Turboatom (TATM: U/R) increased net revenue in 1H08 by 61.3% yoy to USD 46.6 mln and net income rose 27.2% yoy to USD 5.8 mln, based on the latest figures released on Friday. Inna Perepelytsya: The numbers came in below our forecasts. We will revise our recommendation and forecast soon.

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