Stakhaniv Wagon Boosts Sales 3.2 Times in 1H07
30 July 2008
Stakhaniv Wagon (SVGZ: BUY) announced that it boosted sales 3.2 times in 1H07 to USD 118.6 mln. Production during the period rose 3.5 times to 3,028 units. The company’s output is 1.5 times higher than our projections look for our revised forecasts and target price in the near future. The company’s EGM on September 17 will consider a three-fold increase in the company’s share capital to USD 7.85 mln.
