NVTR Net Profits Increase By Nearly 6-Times In 2006.
16 February 2008
Novomoskovsk Pipe (NVTR: BUY) reported net profits of roughly USD 8.4 mln in 2006 an increase of nearly six times yoy. Andriy Gostik: NVTR’s net income for 2006 was a positive surprise. It exceeded last year’s number nearly six times and was twice as high as our forecast of USD 8.3 mln.
