In 2016 Uralskaya Kuznitsa (Ural Foundry, a part of Mechel) decreased net profits and increased receivables.
In 2015 UralKuz received 2.6 billion rubles of net profits, while last year it dropped to 1.9 billion rubles.
Sales profits fell to 1 billion rubles from 1.4 billion. The revenue decreased slightly – by 37.7 million rubles (from 12.5 billion in 2015).
At the same time UralKuz receivables continue growing – from 1.3 billion rubles in 2015 to 1.7 billion in 2016. (Ukrainian metal)