In January-June Metinvest B.V. received $90 million of net profits as opposed to $166 million of losses in H1 2015.
The company revenues dropped by 21% YoY, to $2.88 billion, while EBITDA decreased by 7%, to $580 million. The total debt increased by 1%, to $2.98 billion.
According to the group CEO Yuri Ryzhenkov, the main source of tension is the low world price for metal and iron ore raw materials. (Ukrainian metal)