Sumynasosenergomash reports UAH 48.8 mln in net income in 2010
1 March 2011
Sumynasosenergomash (UX: SNEM UK) reported UAH 48.8 mln in net income in 2010, the company reported in an AGM announcement. Yegor Samusenko: Though the company is debt-free, its stock is trading at 3.2x P/E ‘10, which we deem unjustified even given the stock’s illiquidity.
