Interfax reported that Russia's Territorial Generating Company No 7 increased net profit 11.5% YoY to RUR 1.803 billion in the first quarter of 2008 as compared to the same period of 2007.
The main results of TGK 7 in the first quarter of 2008
| | Q1’ 08 | Q1 ‘07 | Change |
| Sales revenue | 14301528 | 11322925 | 26.31% |
| Cost of goods sold | 21091502 | 18751020 | 12.48% |
| Operating profit | 2793824 | 2470253 | 13.1% |
| Pre tax profit | 2508282 | 2240473 | 11.95% |
| Net profit | 1802527 | 1616734 | 11.49% |
(In 1000 RUR)
TGK 7 is one of the largest territorial generating companies, includes 21 combined heat and power plants with capacity to generate 6,900 MW of electricity and 30,700 Gcal per hour of heat.