Mostobud net income down 87% yoy in 2009

Mostobud (UX: MTBD UK) announced its net income in 2009 came to UAH 1.2 bln, down 87.3% yoy, according to UAS. The company said its current liabilities increased 4.2% yoy to UAH 693.3 mln, long-term liabilities by 60.0% yoy to UAH 201.3 mln, and assets by 1.7% to UAH 1.5 bln. Mostobud has a near-monopoly on the construction of bridges and overpasses in Ukraine.