LOMO PLC summed up the results of the first half of this year. Company has reached the most maximum volume of income for the whole history of its joint-stock activity.

             Revenues (net) from the sale of goods, products, works, services (less value-added tax, excises and similar mandatory payments) amounted to 811,4 million rubles in comparison with 416 million rubles for the analogous period of time of the last year. Index, which was achieved by LOMO, is caused by a large dispatch of defence products, made in the second quarter of 2003.

            Cost of sales of goods, production, works and services amounted to 464,5 million rubles (245,4 million rubles for analogous period of 2002), income from sales - 201,9 million rubles (76,5 million rubles foe analogous period of 2002), net income - 24,8 million rubles (17 million rubles for analogous period of 2002).

            Debtors amounted to 555 million rubles to the beginning of the report period, to the end - 675,8 million rubles; accounts payable - 707,9 million rubles and 624,4 million rubles.

            LOMO plans that in 2003 sales income from sales in the whole will amount to one milliard 700 million rubles.