In 2017 Mariupol Ilyich Iron and Steel Works received 828.06 million UAH of net losses, up 5.4-fold YoY.
According to the company statement, negative EBITDA grew 3.3-fold, to 966.21 million UAH.
At the same time last year Mariupol Ilyich increased net income by 58.7% YoY, to 56.64 billion UAH.
The uncovered losses as of late 2017 totaled 1.36 billion UAH.
In 2017 the company produced 2.79 million tons of rolled metal, 3.1 million tons of steel and 4.16 million tons of pig iron, all up by 12.7%, 13.1% and 9.1% YoY respectively. (Ukrainian metal)
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