In 2005 the proceeds of OJSC Nizhne-Lenskoe is expected to amount to RUR 2 bln that exceeds the results of 2004 by 30%. According to AK&M, the cost price of the company may total to RUR 1.42 bln – 64% increase. The net profit of the company may grow up by 30% up to RUR 407.4 mln.

OJSC Nizhne-Lenskoe mines diamonds in Yakutia. Last year its proceeds amounted to RUR 1.495 bln, the net profit – RUR 316 mln. 100% of the company’s shares belong to the Ministry of Property of the Sakha Republic (Yakutia).