Zaporizhya Aluminum’s 2007 Net Income Decreases 20.6% yoy in 2007
16 April 2008
According to Ukrainian News, Zaporizhya Aluminum (ZALK: U/R) reported that its net profit totaled USD 15.0 mln in 2007, 20.6% less yoy. Andriy Gerus: We associate Zaporizhya Aluminum’s declining net income with 30% growth in electricity prices over the last year and low aluminum prices in August- November 2007.
