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Avdiivka Coke boosts net income by 2.3x y-o-y in 1Q11

Avdiivka Coke boosts net income by 2.3x y-o-y in 1Q11

25 May 2011

Avdiivka Coke’s (UX: AVDK UK) net income increased to UAH 129.7 mln in 1Q11 (up 2.3x y-o-y), the company reported on Tuesday. Net revenues increased by 79.3% y-o-y to UAH 2.72 bln. Avdiivka Coke is the largest coke producer in Europe with an annual capacity of 6 mln mt.

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