In Q3 Novosibirsk Iron and Steel Works named after Kuzmin received 65.5 million rubles of net profit. The previous quarter ended with the net loss of 153 million rubles.
In Q3 2016 the profit was 50 million rubles.
In January-September NMZ losses amounted to 161.7 million rubles as opposed to 206 million rubles of net profit in January-September 2016.
Q3 revenue increased by 26% YoY, to 1.89 billion rubles.
In January-September revenue was 5.177 billion rubles, up by 21% YoY. (Ukrainian metal)