In 2016 Metalloinvest increased revenue by 5.4% YoY, to 283.1 billion rubles.
Profits rocketed 7-fold, to 72.5 billion rubles.
Fixed liabilities dropped from 268.3 billion rubles, to 248.2 billion rubles, but current liabilities decreased 14-fold, to 3.5 billion rubles.
The Metalloinvest board of directors decided to pay 14.2 billion rubles of dividends.
Last year the company produced 40.7 million tons of iron ore, up by 3% YoY, 25.2 million tons of pellets, up by 5%, 3 million tons of pig iron, up by 20%, and 4.7 million tons of steel. (Ukrainian metal)
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