Siberian Coal Energetic Company managed to increase the 2012-net profit (RAS) 2.85% to 17.48bn rub. from 16.995bn rub. prior year, the company informed.
The revenues declined 29.58% to 106.85bn rub. from 151.742bn rub.; profit from sales - 7.82 fold to 1.803bn rub. from 14.097bn rub.; pretax profit - 5.08% to 18.198bn rub. from 19.171bn rub.
SUEK (TIN 7708129854) covers 30% of the coal delivery market and 25% of the exports from Russia. It has the subs in Krasnoyarsky, Primorsky and Khabarovsky reg., Irkutsky, Chitinsky and Kemerovsky regions, Buryatia.
The share capital is worth 1.287mln rub. split in 257400000 common stocks of 0.005 rub. par. The major holders involve DONALINK LIMITED - 99.84%; KRASNOYARSKAYA - 0.16%.
SUEK keeps strategic shares in several energos with 7GW in capacity, in particular, Kuzbassenergo (TGK-12, 49.64%) and Eniseiskaya TGK (TGK-13, 49.99%).
The 2011-net profit (RAS) rose 2.2 fold to 16.994bn rub. from 7.572bn rub. prior year; revenues increased 36% to 151.741bn rub. from 111.460bn rub.; profit from sales - 43% to 14.096bn rub. from 9.861bn rub.; pretax profit being doubled to 19.171bn rub. from 8.539bn rub.