Net loss of Wadan Yards Оkean (Ukraine) up 20-fold to UAH 131 mln in 2008
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In 2008, net loss of Wadan Yards Оkean (Ukraine) increased 19.9 times to UAH 131.343 mln in 2008, the company reports.
The shipyard’s net revenue fell by 42.25% (or UAH 211.564 mln) to UAH 289.172 mln млн.
In 2007, the shipyard’s loss amounted to UAH 6.598 mln with net revenue increased by 8.7%, year-on-year, to UAH 500.736 mln. The shipyard is controlled by Federal Leasing Company (Russia).
OJSC Wadan Yards Оkean (before December 2008 - Damen Shipyards Okean) specializes in production and repair of container carriers, tankers, tugs and barges with displacement of up tp 350,000 tonnes.