DNIPROPETROVS’KYI TRZ increased net income by 51%

PJSC "Dnepropetrovsk Diesel Locomotive Plant" (DTRZ) in 2011 earned a net income from sales in the amount of 215.08 mln., Which is 51.3% more than the same period in 2010.
According to released on Thursday, the financial report of the company in the disclosure of the National Commission on Securities and Stock Market, its net profit amounted to 0.48 mln. (For the same period in 2010 — 0.11 million USD.).
The gross profit of the plant has increased by 15.2% — to 31.19 mln., And operating — by 2.5 times, to 4.3 million USD.

According to the company, over the past year they repaired 90 diesel locomotives in the amount of 258 mln., Including in the fourth quarter — 28 units. (19 for "uz" and nine — for industrial plants).

Given the previously disclosed DTRZ performance in January-September 2011, from October to December the plant increased net income from sales by 32.7% compared to the same period in 2010, but received 0.37 million USD. net loss, whereas in the same period of the previous year’s net profit amounted to 0.04 mln.
DTRZ has been repairing locomotives 2TE10, CME3, wheel sets locomotives 2TE10, CME, 2TE116, manufacture of spare parts for locomotives 2TE10, CHMEZ and electric locomotives.

In 2010, the company increased net income from sales by 49.7% compared with 2009 — up to 142.17 mln., Net profit amounted to 0.109 mln. (In 2009 — 0.32 million USD.).

The owner of 100% of the shares DTRZ the state.

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