Khmelnitskgaz Earnings Increase Fourfold in 2007

19 February 2008

Khmelnitskgaz’s (HGAZ: BUY) net income amounted to USD 5.2 mln in 2007 (vs. USD 1.2 mln in 2006), according to Interfax. The company’s sales surged 43.9% yoy to USD 19.8 mln, while gross profit rose 80% yoy to USD 2.2 mln in 2007.

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