In 2017 the Moscow region-based Electrostal decreased net profit by 8% YoY, to 145.4 million rubles.
In the past five years the company has always been demonstrating profit – 158 million rubles, 129 million rubles, 16 million rubles and 370 million rubles in 2016, 2015, 2014 and 2013 respectively.
In Q4 2017 the net profit reached 121 million rubles as opposed to loss of 133 million rubles in Q3.
Revenue in Q4 2017 grew by 2% QoQ, to 3.206 billion rubles.
Last year the company revenue increased by 3% YoY, to 13.445 billion rubles.
Sales profit increased by 16%, to 1.9 billion rubles. (Ukrainian metal)
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