In 2016 Atomredmetzoloto received 18.1 billion rubles of revenue, up by 4% YoY, with EBITDA up by 35%, to 4.3 billion rubles, and net profit up by 44%, to 3.7 billion rubles.
“2016 was a difficult year for the uranium industry. Still we were able to improve our key financial indexes and showed the net profits growth thanks to the large-scale program on expenses cut and efficiency increase. This year the management will continue cutting expenses and looking for development options”, the company CEO Vladimir Verkhovtsev said. (Ukrainian metal)