Daily Archives: 18.02.2011

Alchevsk announces net loss of UAH 1 billion in FY 2010

Alchevsk Iron and Steel WorksBy admin 18.02.2011 Leave a comment

It is reported that Alchevsk Iron and Steel Works (ALMK) has announced a net loss of UAH 1,013 million in FY 2010 implying the net loss of UAH 261 million in Q4 2010.According to Millennium Capital, “The news is neutral for ALMK. The Q4 2010 loss of UAH 261 million is 1.7 x smaller than…

Ukraine metallurgical sector posts UAH 3 billion loss in 2010

Ukrainian steel industryBy admin 18.02.2011 Leave a comment

According to the data issued by the State Statistics Committee of Ukraine, in 2010 Ukrainian metallurgical sector registered an aggregate loss of UAH 3.84 billion compared to the aggregate loss of UAH 9.578 billion in 2009.In 2010 53.6% of the total number of Ukrainian metallurgical companies posted a combined profit of UAH 4.7 billion while…