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Stakhaniv Wagon posts net income of UAH 95 mln in 2008

Stakhaniv Wagon posts net income of UAH 95 mln in 2008

16 February 2009

Stakhaniv Wagon (SVGZ) released its 2008 financial results this morning: net income of UAH 95.2 mln, up 91.2% yoy; and end-2008 assets of UAH 1.1 bln, up 26.4% yoy. Earlier this month, the company announced that it made 5,511 freight railcars in 2008, 0.8% less than in 2007. It said its gross revenue grew 49% yoy to UAH 1.77 bln.

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