Stroytransgaz covered the 5th coupon

AK&M, 15.01.2010

Stroytransgaz paid up the 5th coupon on the second issue of he bonds released in the volume of 5 bn rub., the company informed.

211.65 mln rub. were transferred to the investors.

The second issue of the bonds (5mln pcs of 1ths rub. par and 5 eyars in maturity) was registered in 2007. The issue was arranged by Gazprombank, Troika Dialog.

Stroytransgaz invovles building, industrial, oil/gas and financial institutions. It has the subs in Russia and abroad. The major markets include Russia, Middle East, North Africa, Europe, South Eastern and Middle Asia. The consumers involve Gazprom, LUKOIL, Mosenergo, Rosneft, TNK-BP, Transneft, RUSAL, BOTAS, ConocoPhillips, DEPA, Dolphin Energy, GAIL, Reliance, Saudi Aramco, SONATRACH, Syrian Gas Company.

The IH losses (RAS) declined 9.6% to 589.693 mln rub. from 652.314 mln rub. prior year; revenues rose 16.9% to 20.52 bn rub. from 17.552 bn rub.; gross profit – 2.4 fold to 1.478 bn rub. from 610.895 mln rub.; profit from sales coming to 647.734 mln rub. against 129.14 mln rub. in losses; pretax losses declined 1.7 fold to 486.798 mln rub.from 843.949 mln rub.

The 9-month net losses (RAS) declined 3.6 fold to 624.88 mln rub. from 2.231 bn rub. prior year; revenues rose 25.2% to 30.608 bn rub. from 24.546 bn rub.; costs coming to 27.708 bn rub.; gross profit – 2.9 bn rub.