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Chernivtsioblenergo boosts net income by 5.3x y-o-y for 3Q11

Chernivtsioblenergo boosts net income by 5.3x y-o-y for 3Q11

24 October 2011

Chernivtsioblenergo (UX: CHEN UK, N/R) increased its net income by 5.3x y-o-y in 3Q11 to UAH 21.9 mln, the company reported on Friday via the Ukrainian SEC financial disclosure system. Revenue for the period increased by 21.2% y-o-y to  UAH 403.8 mln, while its gross margin almost doubled y-o-y to 6.1%

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