In 2016 Interpipe Nizhnedneprovsk Pipe Works decreased net income by 11.6% YoY, to 5052.242 million UAH.
The works net losses increased by 40.3%, to 1136.428 million UAH.
Last year Interpipe NTZ produced 100.993 thousand tons of seamless pipes (96.994 thousand tons in 2015), 43.297 thousand tons of casing pipes (57.072 thousand tons), as well as 105.298 thousand tons of railroad wheels (93.599 thousand tons).
The company exports geography is as follows: 32.76% – Russia, 4.03% – CIS, 0.39% – Georgia, Baltic States – 0.19%, and far foreign countries – 38.5%. Compared with 2015 deliveries to Russia increased by 11.38%, to far foreign countries – dropped by 3.47%, and to CIS – by 8.83%.
This year Interpipe NTZ plans to sell at least 339.5 thousand tons of products, and the net income is expected to amount to 7.7 billion UAH.
In 2016 the company current liabilities increased by 31%, to 7835.367 million UAH, fixed liabilities – by 13.3%, to 3671.147 million UAH. Accounts receivable went up by 7.9%, to 8140.995 million tons, assets – by 10.6%, to 11.98 billion UAH. (Ukrainian metal)