MOSCOW, July 15 (RIA Novosti) - The Russian wholesale power generating company OGK-4 said on Tuesday its net profit calculated to International Financial Reporting Standards fell 70.59% year-on-year in 2007 to 1.58 billion rubles ($67 million).
Revenues in the reporting period grew 20% to 31.436 billion rubles ($1.3 billion), OGK-4 said.
OGK-4 has a total installed generation capacity of 8,630 MW and incorporates five thermal power plants - one in Western Siberia, one in the Far East, two in central Russia, and one in the Perm Territory in the Urals.
Germany's E.ON Russia Power GmbH controls 76.09% of OGK-4.
