The Ukrainian Metal

Ukraine: Interpipe NTMZ losses down in 2017

In 2017 Interpipe Novomoskovsk Pipe Works decreased net losses by 48.5% YoY, to 120.281 million UAH.

According to the company statement, its undistributed profit as of the end of 2017 totaled 359.17 million UAH.

The company current liabilities dropped by 5.9%, to 1.629 billion UAH, while fixed liabilities grew by 11.3%, to 62.743 million UAH.

At the same time accounts receivable decreased by 19.8%, to 1.47 billion UAH.

The company assets dropped by 8.6%, to 2.314 billion UAH. (Ukrainian metal)

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