In January-September the net profit related to shareholders of Mechel increased 2-fold YoY, to 11.114 billion rubles ($185 million).
According to the company statement, in 9 months its profit increased 1.8-fold, to 11.962 billion rubles, EBITDA went up by 42%, to 459.14 billion rubles, and consolidated revenue grew by 13%, to 222.797 billion rubles.
In Q3 net profit related to shareholders totaled 6.12 billion rubles against the net loss of 8.908 billion rubles in Q2. EBITDA grew by 9%, to 18.913 billion rubles, while revenue – by 2%, to 73.413 billion rubles. (Ukrainian metal)