20 Apr 2010 17:58

FGC forecasts net profit of 15.8 bln rubles in 2010 vs

MOSCOW. April 20 (Interfax) - Federal Grid Company expects to post a net profit of 15.8 billion rubles in 2010 under Russian accounting standards compared with a "paper loss" of 59.9 billion rubles in 2009, the company said in materials.

Net profit will total 17.5 billion rubles in 2011 and 17.8 billion rubles in 2012, the materials say.