In 2016 the net profits of Uralelectromed decreased by 23.6% YoY, to 2.17 billion rubles.
Revenue, on the other hand, went up to 28.9 billion rubles from 26 billion rubles in 2015, while sales jumped from 18.3 billion rubles to 22.97 billion rubles.
The company says revenue growth was the result of output and sales increase, in particular thanks to the copper wire rod manufacture start at Verkhnyaya Pyshma, as well as lead production. (Ukrainian metal)