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Kubanenergo calls annual meeting June 23.

Kubanenergo BOD decided to postpone the annual meeting to June 23 from June 18, the company informed.

The agenda will be determined by BOD at the next sittings.
Kubanenergo (TIN 2309001660) is a basic energy supplier in Krasnodarsky reg. and Adygeia. It includes 11 electro grid entities (Krasnodarskie, Sochinskie, Armavirskie, Adygeiskie, Timashevskie, Tikhoretskie, Leningradsckise, Slvyanskie, Yugo-Zapadnye, Labinskie, Ust Labinskie). The length of the electric lines cover 90ths km. The Company is included into MRSK South.

The IH 2013-net losses (IAS) dropped 47.82% to 757.548mln rub. from 1.452bn rub. prior year; revenues moved up 4.52% to 14.288bn rub. from 13.7bn rub.; operating losses being down 39.41% to 809.194mln rub. from 1.336bn rub.; pretax losses - 36.07% to 995.996mln rub. from 1.558bn rub.

The 2013 net losses (RAS) increased 17.73% to 2.239bn rub. from 1.901bn rub. prior year; revenues moved up 20.57% to 33.904bn rub. from 28.119bn rub.; profit from sales coming to 1.702bn rub. vs. 701ths rub. in losses; pretax losses being up 4.64% to 2.268bn rub. from 2.167bn rub.

"AK&M", 14:53, 12.05.2014 1251 AKM,COR


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