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Wadan Yards Okean ends 2009 with UAH 132 million loss
17:45 / 27.04.2010

MYKOLAIV, APRIL, 27th, 2010, CONTEXT-PRICHERNOMORIE – Wadan Yards Okean has ended 2009 with UAH 132 million loss, Context-Prichernomorie correspondent reports.

This has been stated in the company’s annual financial report.

According to the document, compared to 2008 the company’s pure income grew 2.7 times in 2009 (by UAH 514 million 705 thousand) and made UAH 803 million 877 thousand.

Mykolaiv Shipbuilding Plant Wadan Yard Okean finished 2008 with UAH 131 million 343 thousand lossţ

INFORMATION: Wadan Yard Okean (Damen Shipyards Okean) is an Open Joint Stock Company specializing in production and repair of container ships, tankers, tugs, and barges having draught up to 350 thousand tons.

FLC West (Russia) owns 70 percent of shares and 30 percent belongs to STX (Korea).