The National Energy Company Posted USD 23.5 mln In Net Income For 1H05.

The National Company of Ukraine (NC ECU), which controls 26 energy companies in Ukraine and has blocking stakes in 7 companies, posted USD 23.5 mln net income. The company?s planned net income for the year 2005 is USD 120 mln. Concorde Capital: The low and even negative profitability of many companies included on the NC ECU charter fund cause the company to have low net income levels. We doubt it will be possible for the company reach its 2005 net income goals.