LuganskTeplovoz finished the year with a net profit of 71.8 million hryvnia

PJSC "LuganskTeplovoz" monopoly producer in Ukraine mainline freight locomotives, finished 2011 with a net profit of 71.82 million USD, while in 2010 its net loss amounted to 7,460,000 USD, soobschaetInterfaks-Ukraine.

As published in the press announcement of the General Meeting of Shareholders on April 19 PAO, accumulated losses "LuhanskTeplovoz" to January 1, 2012 exceeded 141,380,000 USD, falling by a third.

The company’s assets at the end of 2011 amounted to 674 168 000 hryvnia, the total receivables — 316 587 000 hryvnia.

Recall that in 2010, "LuganskTeplovoz" a loss 7,457,000 hryvnia, net revenues increased by 64.17% to 859.395 million hryvnia in comparison with 2009.

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