Svitlo Shakhtarya reduces net income by 2.4x y-o-y in 1H11
28 July 2011
Svitlo Shakhtarya (UX: HMBZ UK) decreased net income by 2.4x y-o-y to UAH 9.4 mln, Interfax reported this week. Net revenues declined by 3.2% y-o-y to UAH 198.5 mln. Gross profit fell by 47.4% y-o-y to UAH 34.1 mln. The company sold almost all of its sales volume on the domestic market in 1H11.
