In 2017 Zaporozhye Iron Ore Complex increased net profit 2.9-fold YoY, to 1.286 billion UAH.
According to the company statement, its EBITDA grew 3-fold, to 1.586 billion UAH.
Net income increased by 45%, to 3.949 billion UAH.
Undistributed profit totaled 3.521 billion UAH.
Last year the company produced 4.503 million tons of iron ore, down from 4.512 million tons in 2016. (Ukrainian metal)