26 April 2004 01:50 RAO UES forecasts net profit to soar 69% in 2004 (Part 2) MOSCOW. April 26 (Interfax) - RAO Unified Energy Systems of Russia (RAO UES), the national electricity utility,
expects net profits will soar 69% this year compared with 2003, Yakov Urinson, a deputy CEO, told a conference in
Moscow.
Urinson said the company's energos or regional power utilities would have net profit of 10.2 billion rubles and
federal power stations 1.6 billion rubles.
He said Tyumenenergo, Mosenergo, Permenergo, Lenenergo and Vologdaenergo would make the biggest contribution to net
profits with a planned total of 6.2 billion rubles this year.
Urinson said eight energos were running at a loss at present. [RU ASIA EUROPE EEU EMRG ELG ENR RES RESF CORA] pr
[Interfax] |