Urals | Energy, utilities | Finance, business

Chelabenergo 2007 profits up from nothing to $12.5m

16 May '08
2007 results released Chelyabinsk energy provider Chelyabenergo show profit totaled $12.5m.

The results mark a turn in fortunes at the provider, which in 2006 recorded next to net profit after tax.

Profit before tax came in at a fraction under $22m, up from $1.7m in 2006.

The firm is part of state interregional energy giant MRSK Urala.
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