Donbassenergo Announces Preliminary 2006 Results
22 February 2008
Electricity generation company Donbassenergo (DOEN) posted USD 0.78 mln net losses; 2005 net income amounted USD 11.2 mln. The company produced 7.4 TWh electricity, which is 1% higher than in 2005 but 8% lower than was planned for 2006. Alexander Paraschiy: Donbassenergo’s decrease in net income was caused by lower than planned power production and a decrease of almost USD 14 mln in additional tariff surcharges compared to 2005.
