In 2017 Zaporizhstal decreased profits by 15.4% YoY, to $170 million (4.5 billion UAH).
According to Metinvest, the company revenue increased by 34.4%, to $1.775 billion, while EBITDA dropped by 18.2%, to $135 million.
Metinvest owns 49.9% of Zaporizhstal, 24% of Zaporozhye Iron Ore Complex, 42.8% of Zaporozhkoks and 49.2% of Zaporozhogneupor.
At the same time Yuzhniy Mining and Processing Works increased profits by 42.5% YoY, to $325 million (8.6 billion UAH). Its revenue grew by 31.6%, to $749 million and EBITDA – by 58.3%, to $190 million.
Metinvest owns 45.9% in UGOK. (Ukrainian metal)