JSC North-West Telecom has announced the unaudited results of its financial and business performance for the year 2003 by RAS.   

According to the results of 2003, sale proceeds of OJSC North-West Telecom amounted to 12,336,392 thousand RUR , which is 22.2% higher than the proceeds of 2002.

The proceeds from the sale of communication services amounted to 11,959,978 thousand RUR , which is 22.3 % higher than for the same period of the previous year. The cost of sold services was 9,316,348 thousand RUR.

The net profit of OJSC NWT for 2003 amounted to 843,882 thousand RUR , which is 157.8% more than for the same period of the previous year.

The Accounting Balance Sheet and the Profit and Loss Report of OJSC North-West Telecom for 2003 (unaudited) have been published on the corporate site of OJSC NWT in the “Analytical Indices” section.