In 2016 Ingulets Mining and Processing Works, a part of Metinvest, received 69.264 million UAH of net losses as opposed to 3498.874 million UAH of losses in 2015.
According to the company statement, its undistributed profits at the end of 2016 totaled 1234.407 million UAH.
Last year InGOK increased its current liabilities by 15.2% YoY, to 30166.796 million UAH, and fixed liabilities – by 60.9%, to 1375.904 million UAH. Accounts receivable went up by 8.3%, to 26617.813 million UAH.
The company assets increased by 10.4%, to 40485.869 million UAH, but the number of employees dropped by 2.4%, to 5288 people. (Ukrainian metal)