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Donetskoblenergo increases its bottom line 11% yoy in 1Q09

Donetskoblenergo increases its bottom line 11% yoy in 1Q09

23 April 2009

Electricity distribution company Donetskoblenergo (DOON) reported an 11% sales increase yoy in 1Q09 to UAH 890 mln. The company’s EBITDA amounted to UAH 16.4 mln (compared to negative UAH 13.6 mln in 1Q08), and net losses amounted to UAH 14.1 mln (improving 2.2 times compared to 1Q08).    

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