Stakhaniv Wagon cuts net income by 39% yoy in 2011
26 March 2012
Stakhaniv Wagon’s (SVGZ UK) net income declined by 38.7% to UAH 159 mln in 2011, according to an announcement for the company’s AGM on April 26. Revenue grew 20% yoy to UAH 3.5 bln in 2011. The railcar manufacturer already released key preliminary financial results for 2011 (revenues, PBT) back at the end of January (see our news of January 27).
