OREANDA-NEWS. The net profit of OJSC “Lenenergo” under RAS on results of the first quarter of 2007 has made 103,9 million roubles. For comparison the company has received the loss for analogous period of the last year at the rate of 312,8 million roubles.

The total profit in January-March 2007 has made 377,7 million roubles against the loss at the rate of 164,4 million roubles for analogous period of 2006. Proceeds were 3,5 billion roubles against 2,6 billion in the first quarter of the last year.

Improvement of financial parameters was the result of purposeful work on management of costs and increase of economic efficiency which is being conducted today by the management of Lenenergo.