Zaporizhzhya electric locomotive plant increased sales by 41%

 

JSC "Zaporozhye Electric Locomotive Plant" (ZERZ), part of the jurisdiction of the State Administration of Railway Transport of Ukraine ("uz") in 2011 increased net income from sales by 40.7% compared with 2010 — up to 399 440 000 UAH., "Interfax-Ukraine". According to the financial report of the company, which was announced in the disclosure of the National Commission on Securities and Stock Market, its net profit last year rose by 14.5% — to 1.23 million USD.

For 2011 ZERZ increased gross profit by 8.3% — to 40.03 million USD, operating — by 3.4%, to 7.12 million USD. During the year the plant has repaired 79 locomotives in the amount of 312.5 million USD (in 2010 — 68 locomotives) and a linear output of 77.8 million USD. The number of employees on January 1, 2012 amounted to about 2.5 million people. Given the previously disclosed data on financial and economic activity of the plant in January-September, October-December 2011 ZERZ increased net income by 32.2% compared to the same period in 2010 — up to UAH 133.95 million, while net profit rose more than doubled — to 0.67 million USD.

ZERZ specializes in the repair of locomotives, traction motors and anchors, wheel sets. The company repairs the trailers for all departments of the Ukrainian railways — South, South-West, the Dnieper, Odessa, Lviv and Donetsk.

In 2010, the company increased net income from the sale of products by 43% compared to 2009 — up to 283.85 million USD, net profit nearly tripled — to 1.08 million USD.

ZERZ specializes in the repair of locomotives, traction motors and anchors, wheel sets. The company repairs the trailers for all departments of the Ukrainian railways — South, South-West, the Dnieper, Odessa, Lviv and Donetsk.

In 2010, the company increased net income from the sale of products by 43% compared to 2009 — up to 283.85 million USD, net profit nearly tripled — to 1.08 million USD. 


Like this post? Please share to your friends: