OREANDA-NEWS. August 03, 2010. Total net profit (RAS) of Transmashholding in the second quarter of 2010 was RUR 4.4 billion, the company said.

According to the SPARK, the same figure in 2009 was RUR 141.9 million. Thus, income rose more than 30 times.

In the first quarter of this year, net profit was at RUR 255.5 million.

"Last year was difficult for our sector, it gradually comes out of the crisis, hence this increase," reported TMH.

TMH asset value was increased 3.5 times in the second quarter, compared to the same period last year and reached USD 45.2 billion.

Our reference:

Transmashholding unites transport engineering enterprises, manufacturing electric, diesel, passenger and freight wagons, locomotive and marine diesels, metro cars, electrical and diesel trains, wagon casting, parts and equipment for railway rolling stock.

TMH Enterprises located in Saint-Petersburg, Bryansk, Penza, Moscow, Rostov and Tver regions, including major factories, including Tver Carriage Works Inc. Kolomna Plant, Metrowagonmash and others. Sales in 2009 totaled RUR 71 billion.