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Gazprom Utilities OGK-2, OGK-6 Report Rising First-Quarter Net

OAO OGK-2 and OAO OGK-6, wholesale power generating companies controlled by OAO Gazprom and are set to merge, reported increases in first-quarter profit.

OGK-2 net income climbed 42 percent to 2.09 billion rubles ($73 million), the utility said today on its website. OGK-6 net income increased 8.7 percent to 982 million rubles, according to a separate statement.

To contact the editor responsible for this story: Torrey Clark at tclark8@bloomberg.net

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