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Pivdenny Iron Ore Reports Net Income of USD 119.6 mln in 2007

Pivdenny Iron Ore Reports Net Income of USD 119.6 mln in 2007

23 April 2008

Pivdenny Iron Ore (PGZK: HOLD) reported net income of USD 119.6 mln in 2007. Eugene Cherviachenko: The net income is in line with our expectations (USD 115 mln). We reiterate our recommendation HOLD on the stock.

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