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OMZ reached 189.469mln rub. in net profit.

The 2013-net profit at Joint Engineering Plants (OMZ) (Uralmash-Izhora) reached 189.469mln rub. vs. 107.004mln rub. in losses, the company informed.

The revenues were doubled to 8.395bn rub. from 3.89bn rub.; profit from sales coming to 332.985mln rub. vs. 253.678mln rub. in losses; pretax profit

- 249.428mln rub. vs. 119.647mln rub. in losses.
Joint Engineering Plants (OMZ) (TIN 6663059899) is one of the largest heavy engineering company working in the sphere of the engineering, production, sales and servicing of the equipment for nuclear power sector, petrochemical, mining sectors and special steel makers. It has subs in Russia and Czechia (Pilsen Steel, Skoda JS and Cheteng Engineering).

The share capital is worth 3.8mln rub. split in 35480186 common and 2750000 preferred stocks of 0.1 rub. par. Gazprombank keeps above 50% under control.

The IH 2013 net profit (IAS) rallied up 6.03 fold to 428.239mln rub. from 70.987mln rub. prior year; revenues moved down 6.4% to 13.027bn rub.

from 13.918bn rub.; operating profit rose 3.14 fold to 1.201bn rub. from 381.958mln rub.; pretax profit - 7.43 fold to 732.007mln rub. from 98.564mln rub.

The 10-month 2013 net losses (RAS) increased 10.34 fold to 431.565mln rub. (RAS) from 41.757mln rub. prior year. The revenues dropped 3.31% to 1.547bn rub. from 1.6bn rub.; losses from sales rose 71.86% to 257.363mln rub. from 149.751mln rub.; pretax losses - 11.88 fold to 470.73mln rub. from 39.632mln rub

"AK&M", 01.04.2014


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