The net profit of TMK in 2016 reached $166 million as opposed to $368 million of losses in 2015.
According to the company statement, its revenues decreased by 19.1%, to $3.33 billion, with gross profit down by 16.7%, to $704 million. EBITDA dropped by 18.6%, to $530 million.
Net profit in Q4 2016 totaled $84 million, revenues increased by 9.7%, to $902 million, gross profit – by 18.2%, to $195 million, EBITDA – by 11%, to $140 million. (Ukrainian metal)