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2010 April 30   13:21

Chkalovskaya Shipyard posts net loss at RUB3.992m

Net loss of Chkalovskaya Shipyard (Chkalovsk, Nizhny Novgorod region) in the first quarter of 2010 totaled 3,992,000 rubles (roughly about $137.000) versus 2,439,000 rubles of net income a year earlier, the Shipyard’s financial statement said.
 
In Q4, 2009 the Company’s net loss reached 10.963 million rubles. The Company’s statement does not clarify the reason of the cutback.

Chkalovskaya Shipyard is one of the oldest Russian River Fleet enterprises. The Chkalovskaya’s authorized capital stock is 5 million rubles, comprising of 39,955,848 common stock and 44,152 preferred stock, 0,125 rubles a stock. Veterans of Afghanistan LLC holds a 24.85% stake in the Shipyard’s authorized capital (24.88% common stock), two Russian entrepreneurs, Alexander Frolov and Oleg Drinov, hold 50% stock (50.5%) and 24.95% (24.98%), accordingly.
 

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