In 2016 Poltava Mining and Processing Works received 3.2 billion UAH of profits, up by 19% YoY.
According to the company statement, this has been achieved due to the increase in output of premium-quality pellets despite the volatility of iron ore raw materials prices on world markets.
Last year PGOK paid 165.1 million of income tax.
In 2016 the company produced 11.2 million tons of iron ore pellets, having increased 65% Fe content pellets output by 4.4% YoY. (Ukrainian metal)