The net profit of Russia’s Chelyabinsk Zinc Plant rose by 35.7%, to 5.379 billion rubles in 2017, as calculated under Russian Accounting Standards (RAS), the company said in a report on March 28.

Revenue rose by 26.7%, to 29.67 billion rubles, the gross profit increased by 14.2%, to 8.286 billion rubles, and cost of sales grew by 32.3%, to 21.383 billion rubles.

Sales profit went up by 17.9%, to 6.128 billion rubles, and pretax profit increased by 35.4%, to 6.737 billion rubles.

The company’s long-term liabilities rose by 1.4% in 2017, to 266.196 million rubles as of December 31, while short-term liabilities decreased by 37%, to 5.379 billion rubles. (Prime/Ukrainian metal)

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