Yuzhny GOK Posts USD 4.9 mln In Net Income In 2005.

Yuzhny GOK Posts USD 4.9 mln In Net Income In 2005. The company’s AGM (PGZK: BUY) decided to not pay dividends for 2005. Instead, Yuzhny GOK will repay a portion of its debts and make capital investments with its 2005 net income. The company’s debts amount to USD 32 mln. Yuzhny GOK projects net income of USD 5.5 in 2006. Concorde Capital: We believe that the signs of a decline in transfer pricing we detected in interim financials will further develop into greater transparency improvement. Be prepared for positive earnings surprises. This expectation will be reinforced if as rumored Privat sells its stake to a strategic investor