As the largest Russian company that produces technologies and equipment for air separation and industrial gas supply, Cryogenmash presented healthy net profit growth of around 38% for 2007 in its annual report.
According to the Russian standards of accounting for the 12 months of 2007, the report reflected net profit amounting to 192m roubles at a growth rate of 38 %.
“We are very satisfied with the results of 2007,” said Dmitriy Ermolov, General Director of Cryogenmash.
“Cryogenmash finished the year with very good activities, having successfully realised the projects of the air separation units supplies and supplies of new production and services to our consumers in Russia, as well as abroad.”
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