Kyivenergo cuts net income by 28x y-o-y in 3Q11
24 October 2011
Kyivenergo (UX: KIEN UK, N/R) decreased its net income by 27.7x y-o-y to UAH 23.1 mln in 3Q11, the company reported on Friday via the Ukrainian SEC financial disclosure system. Revenue grew by 28.3% y-o-y to UAH 7.27 bln, while its gross margin declined by 1 pp y-o-y to -9.7%.
