September 07, 2008

Technopromexport\'s profit in 2007 up by 31% YoY

RIA Novosti reported that Russian state controlled power plant manufacturer Technopromexport net profit calculated to Russian Accounting Standards grew 31.2% YoY in 2007 to RUB 727.15 million.

Technopromexport, which builds hydraulic, thermal, geothermal and diesel power plants, and power transmission lines in 50 countries said its sales in the reporting period totaled RUB 16.46 billion.

Technopromexport's portfolio of orders currently stands at USD 3.37 billion.