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Strategies & Market Trends : TGC-5
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From: Copperfield11/16/2006 12:52:07 PM
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Jan-Sept, TGK-5 net income totaled RUB 676.704 mln.

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In January-September 2006, net income of TGK-5 OJSC totaled RUB 676.704 mln. At that, in the IQ, it amounted to RUB 381.473 mln; in the II Q it dropped against the IQ by 37% to RUB 240.266 mln; in the III Q it slid to RUB 54.965 mln, which is 77.12% lower than in the II Q, the Company reports.

The main factor of the profit decrease in the III Q was the seasonal drop in sales.

In the III Q, TGK-5 decreased the electric power generation by 29.8% to 1.864 bn kW/h from 2.655 bn kW/h in the previous period.

TGK-5 OJSC was registered on March 22, 2005. It comprises 11 TPPs.
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