22 Oct 2009 15:04

OGK-3 genco could slash IFRS earnings 40% to 4 bln rubles in 2009

MOSCOW. Oct 22 (Interfax) - The OGK-3 wholesale generating company could slash net profit to International Financial Reporting Standards (IFRS) 40.1% this year to 4 billion rubles, its general director, Vladimir Kolmogorov, told a press conference.'

Net profit was 6.7 billion rubles in 2008.