Mostobud raises net income to UAH 9 mln in 2008

Mostobud (MTBD) said yesterday that it finished 2008 with net income of UAH 9.07 mln, vs. a net loss of UAH 14.22 mln in 2007. The company’s current liabilities as of end-2008 amounted to UAH 665.6 mln, up 46.7% yoy; its non-current liabilities were UAH 125.9 mln, up 29.2% yoy; and its assets were UAH 1.4 bln, up 63.7% yoy. Mostobud is Ukraine’s largest, near-monopoly builder of bridges and overpasses.