TGK-6 posts 1.1 bln rubles in net profit for Jan-Sept
NIZHNY NOVGOROD. Nov 2 (Interfax) - OJSC TGK-6 posted 274.26 million rubles in net losses for the third quarter of 2009, the genco said in a statement.
It was earlier reported that the company had 1.418 billion rubles in net profit for the first half of 2009. Therefore, in January-September 2009, TGK-6's net profit came to 1.144 billion rubles against 252.49 million rubles in net losses for the first nine months of 2008.
TGK-6 is the main supplier of heat and electricity in the Nizhny Novgorod, Vladimir, Ivanovo and Penza regions and Mordovia. IES Holding's Generation Center was set up to which manage the electricity and heat generation assets of TGK-6.