Daily monitor

SMASH plans to increase net sales in 2008 by 81% to USD 586 mln compared to USD 323mln for the FY2007, company CEO Viktor Choban announced at the an April 16 AGM.

Electricity distribution company Poltavaoblenergo [POON] reported its 1Q08 net sales up 38% YoY to USD 72mln.

The extraordinary 21x net income increase reported by Ukravto [AVTO, U/R] for the year-end of 2007 bred strong expectations of future dividends payout among the investors.

Zaporizhzhya Ferroalloy [ZFER UZ, N/R] increased its net sales 36.4% to USD 444 mln and its net income 20.5 times to USD 7.72 mln in 2007.

The Krasnoarmiyska-Zahidna #1 Coal Mine [SHCHZ UZ, N/R] increased its net sales 5.5% to USD 287 mln, but reduced its gross profit 63% to USD 26 mln and its net income 36.3% to USD 10.6 mln in 2007

Sun InBev [SUNI UZ] announced a 27% YOY growth to USD 473.3 mln in net sales at its April 21 AGM

Electricity distribution company, Kharkivoblenergo [HAON], on its AGM on April 17, approved a dividend payout of 15% of net income for FY2007 which implies USD 0.0019 per share.

Electricity distribution company, Mykolaivoblenergo [MYON], increased its net sales for the period by 36% to USD 35mln.

The National Bank of Ukraine has decided to increase its base rate to 12%, effective April 30.

It has been announced during the recent AGM at Kryukivka Carriage Works [KVBZ, U/R] that was held on April 18th, 2008, that the company plans to achieve the level of 300 passenger cars produced annually within next 2 to 3 years.