Ivano-Frankivskcement reports 2011 net profit, Ukraine

Ukrainian cement producer Ivano-Frankivskcement achieved a net profit in 2011 of UAH6.039m (EUR0.58m), according to local press reports.  Net revenue increased by 23.73% or UAH168.194m to UAH876.974m over 2010. As at the end of 2011, the company's assets were valued at UAH923.404m. (Source: Ukrainian News)