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SCM Posts Unconsolidated Net Income of USD 3.8 bln in 2007

SCM Posts Unconsolidated Net Income of USD 3.8 bln in 2007

26 February 2008

System Capital Management increased its unconsolidated net income more than fifteen times yoy in 2007 to USD 3.8 bln, according to SCM’s website. The company attributed net earnings growth to a substantial rise in the market value of companies after their inclusion into SCM. The company has scheduled a shareholder meeting in Donetsk on April 14.

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