ZaporizhCoke Decreases its Bottom Line 34.4% yoy in 2007

22 April 2008

According to Interfax, ZaporizhCoke’s (ZACO: SELL) net income decreased 34.4% yoy to USD 7.1 mln, while its sales grew by 18.4% yoy to USD 380.5 mln. Andriy Gerus: ZaporizhCoke’s sales and net income are 3.2% and 56.7% below our expectations, respectively USD 392.9 mln and USD 16.4 mln.

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