20 May 2004 05:47
Lenenergo expects to boost net profit 140% in 2004
ST. PETERSBURG. May 20 (Interfax) - Lenenergo expects to post net profit to Russian accounting standards of 528
million rubles in 2004, up 140% from 219.3 million rubles in 2003, the power company reported.
Sales revenue is predicted to increase 14% to 30.4 billion rubles.
The company's biggest shareholder is Unified Energy System of Russia with 49%. Foreign investors own about 40%,
including Fortum of Finland with 21%. [RU ASIA EUROPE EEU EMRG ENR ELG RESF CORA] me
[Interfax] |
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