OREANDA-NEWS. November 10, 2008. DTEK,the leader of the fuel and energy industry in Ukraine, announced its unaudited consolidated financial results for the six months ended June 30, 2008 prepared according to IAS 34.
 
SIX MONTHS HIGHLIGHTS
 
Consolidated revenues up 48,2% year on year to UAH 6 048 mln
Revenues breakdown by segment is following: Coal - 24,4%, Generation – 45,1%, Distribution – 29,7%
EBITDA up 61,2% year on year to UAH 1 606 mln, comparing to UAH 996 mln in 1H2007
Net income up 127,9% year on year to UAH 777 million
 
Yuriy Ryzhenkov, CFO of DTEK, commented: “The 48% revenue growth generated in the first half of 2008 demonstrates our solid performance across all business lines. We have successfully combined this growth with a more than double fold year on year increase in net income, which reflects our focus on maximizing shareholder value creation through improved operational performance”
 
Full version of DTEK’s unaudited Financial Report for 6 months 2008 is available on company’s website http://dtek.com/en/investor_relations/reports/.