Turboatom posts 2.7-time rise in net profit in 2015

17:50, 28.01.2016 1 min read

Turboatom (Kharkiv), Ukraine's largest producer of turbine equipment, in 2015 saw a net profit of UAH 1.7 billion, which is 2.7 times higher than in 2014.

According to information on the website of the company, with reference to Director General Viktor Subotin, the company's sales last year amounted to UAH 2.8 billion that is equivalent to 4,000 kW of the installed capacity of shipped produce.

The report notes that these figures are the best for all the years of the enterprise's work.

As reported, in January-September 2015 Turboatom posted a net profit of UAH 1.288 billion, which is 56.5% more than in January-September 2014, its net income increased by 35%, to UAH 2.077 billion.

According to Turboatom, last year it produced and shipped to customers three steam turbines, two condensers, six driving wheels and four guide vanes of water turbines.