Chernihivoblenergo increases net income by 66% yoy in 1Q09
23 April 2009
Ukrainian electricity distribution company Chernihivoblenergo (CHEON) increased its revenue in 1Q09 by 22% yoy to UAH 174 mln, its EBITDA by 57% yoy to UAH 35 mln and net income by 66% to UAH 25 mln. The State Property Fund has scheduled privatization of 25% of the company on May 14, 2009.
