Source Pravda.Ru

Moscow energy utility releases profit forecasts

Net profit of the Moscow energy grid Mosenergo is expected to reach 709mrubles (about $22.49m) in 2002, according to the company's business plan.This forecast was voiced by Mosenergo General Director Arkady Yevstafyev ata press conference today. The press conference was devoted to the company'sanniversary. He noted that, in the first half of 2002, Mosenergo sufferedlosses worth 780m rubles ($24.74m) due to an untimely rise in tariffs, thereassessment of fixed assets, a rise in allocations for amortization andreconstruction campaign prior to the upcoming autumn and winter period. Inthe first six months of 2002, Mosenergo supplied 27.69bn kWh, which was 1.4percent more than planned and 4.4 percent more than in the correspondingperiod of 2001. The company's operational wastes reached 12.7 percent inthe first half of 2002 versus 20 percent in 2001..

©

&to=http://www.mosenergo.ru/eng/news.htm' target=_blank>MOSENERGO

Comments
Bill Clinton's Oval Office disgrace destroyed Yugoslavia
Russia joins forces with Egypt to establish law and order in the Middle East
Can China take it to the limit in the trade war with USA?
Russia delivers technologically advanced S-300 systems to Syria
Russia delivers technologically advanced S-300 systems to Syria
Russia delivers technologically advanced S-300 systems to Syria
Russia builds her first-ever turbojet engine for civil aviation
Russia delivers technologically advanced S-300 systems to Syria
Jamal Khasshogi's body could be dissolved in highly toxic acid
Explosion rips through school in Crimea, 10 killed
Russia builds her first-ever turbojet engine for civil aviation
Russia joins forces with Egypt to establish law and order in the Middle East
Russia joins forces with Egypt to establish law and order in the Middle East
Consul General of Saudi Arabia in Istanbul goes missing after Khashoggi
USA threatens to strike Russian missile launchers
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war
Putin: Russians will go to heaven in case of nuclear war