The Ukrainian Metal

Ukraine: Ferrexpo profits $150 million in Q1-3 2014

January-September 2014 UK-based Ferrexpo Plc, controlling Poltava Mining and Processing Works, finished with the profit of $150.15 million.

In 9 months of 2014 the company decreased its net income by 2.68%, or by $29.71 million, to $1078.83 million YoY.

EBITDA went up by 16.8%, or by $58 million, to $404 million.

In July-September 2014 Ferrexpo had losses of $57.83 million.

In the third quarter of 2014 the company decreased its net income by 4.17%, or by $13.93 million, to $319.92 million.

Q3 EBITDA went down by 18.1%, or by $18.5 million, to $83.21 million, YoY. (Ukrainian metal)

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