In 2016 Khartsyzsk Pipe Works, a part of Metinvest, situated on the temporarily uncontrolled territory of Ukraine, decreased its net losses by 50.7% YoY, to 194.431 million UAH.
The company current liabilities increased by 95.6%, to 243.690 million UAH, fixed liabilities dropped by 15.6%, to 79.545 million UAH, while accounts receivable decreased by 10.5%, to 351.345 million UAH.
Its assets decreased by 5.3%, to 1646.884 million UAH.
Last year the number of employees decreased by 41.6%, to 1.401 people. (Ukrainian metal)