The Ukrainian Metal

Russia: Chelyabinsk Zinc Works IFRS net profit up in 2017

The net profit of Russia’s Chelyabinsk Zinc Works by soared 43.8%, to 5.776 billion rubles in 2017, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on May 3.

Revenue rose by 27%, to 38.548 billion rubles.

Gross profit grew by 20.5%, to 10.757 billion rubles. (Prime/Ukrainian metal)

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