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Khmelnistkoblenergo Announces 2005 Results

Khmelnistkoblenergo Announces 2005 Results

27 February 2008

Khmelnitskoblenergo (HMON: SELL) reported net revenues of USD 61 mln and a net income of USD 1.5 mln for 2005. Concorde Capital: While this company is one of the three efficient state-controlled Oblenergos, we have a sell recommendation on the stock as it is currently over-priced by the market.

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