In 2016 Marganets Mining and Processing Works received 535.28 million UAH of losses as opposed to 6.7 million UAH of profit in 2015.
According to the company statement, its net income decreased 2.7-fold YoY, or by 1.17 billion UAH, to 676.39 million UAH.
In 2015 MGOK received 6.7million UAH of net profits, up by 1.17 million UAH YoY, having increased its net income 3.6-fold YoY, or by 1.34 billion UAH, to 1.85 billion UAH. (Ukrainian metal)
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