The Ukrainian Metal

Russia: ChTPZ profits up in 2016

In 2016 the net profit of ChTPZ group increased by 5.7%, to 6.357 billion rubles.

According to the company statement, its revenues dropped by 9% YoY, to 135.456 billion rubles, EBITDA – by 3%, to 27.9 billion rubles.

The net debt of the group decreased by 9.9 billion rubles, or by 76.2 billion rubles, to 76.2 billion rubles. Most of the group loans are in rubles. (Ukrainian metal)

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