1. Home
  2. Maritime industry news - PortNews
  3. Krasnoe Sormovo net profit down 35.2% to RUR 132.2 mln in 2007

2008 April 9   06:05

Krasnoe Sormovo net profit down 35.2% to RUR 132.2 mln in 2007

The 2007-net profit of Krasnoe Sormovo (RAS) declined 35.2% to 132.2mln rub. against 203.9mln rub. prior year, the company informed according to AK&M.
In IVQ the net losses reached 42.012mln rub.
The Plant is included into the Group of companies Sea & Oil/gas Projects.
The share capital is worth 1.497mln rub. split in 1123351 common and 374451 preferred stocks of 1 rub. par. The 2006-net profit (RAS) gained 203.9mln rub. or 6.9 fold less prior year (1.4bn rub.). The revenues moved down 2.3 fold to 2.8bn rub. from 6.3bn rub.; gross profit - to 564.4mln rub. from 2.9bn rub.; pretax profit - 6.2 fold to 288.9mln rub. from 1.8bn rub.
MNP Group removed from OMZ provides control over the projects in the shipping and engineering of the offshore drilling platforms. It involves the leading Russian shipbuilding yards: Krasnoe Sormovo, Nizhegorosky Teplokhod, Astrakhansky Shipbuilding Plant, Sormovskoe Engineering, Friede & Goldman (USA) etc. The 2006-aggregated sales gained $251mln.

Latest news

2025 April 18

2025 April 17

Mon Tue Wed Thu Fri Sat Sun
1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30