Net profit of Commercial Seaport Yuzhny (Ukraine) to grow by 6% in 2007

Net profit of Commercial Seaport Yuzhny (Ukraine) is to grow by 6% in 2007 to 96.2 million grivnias, the port’s financial plan reads according to RBC-Ukraine referring to press center of Ukraine’s Ministry of Transport and Communications. Expected revenue is to total 871.9 million grivnias (+36.5 million grivnias, or +4%, compared to financial plan for 2006). Planned costs are to total 775.7 million grivnias (+31.1 million grivnias, or +4%, year-on-year). 115.5 million grivnias are to be invested into development (+10.5 million grivnias, or +10%). The sum is to be spent for purchase of handling equipment, reconstruction of buildings and structures, construction of a berth No 9.