You're reading: DTEK boosts earnings by 23.3% in 2011

DTEK, Ukraine's biggest privately owned energy holding, boosted net consolidated profit according to international financial reporting standards (IFRS) by 23.3% in 2011 to Hr 3.522 billion, the company has said.

According to the document, last year DTEK increased revenues by 63%, to Hr 39.594 billion, gross profit by 79.5%, to Hr 9.618 billion and operation profit by 84.7%, to Hr 7.99 billion.

According to a company audited annual fiscal report, taking into account property revaluation, its comprehensive income in 2011 amounted to Hr 11.625 billion compared to Hr 3.119 billion a year ago.

As of the end of 2011, DTEK accumulated Hr 10.426 billion on its accounts.