Dniproenergo Revises its Preliminary 2007 Net Income Upward
11 February 2008
According to Dniproenergo’s (DNEN: HOLD) revised preliminary 2007 P&L, the company’s net income is USD 24.1 mln. Alexander Paraschiy: This is 40% higher than the company reported three weeks ago (USD 17.2 mln) and 12x larger than the company’s 2006 net income. In our view, the news is neutral for the stock.
