In January-September Chelyabinsk Iron and Steel Works received 4.1 billion rubles of net profit, up 2.4-fold YoY.
Revenue grew by 7.6%, to 94.5 billion rubles.
The company accounts payable dropped from 21.8 billion rubles in early 2018 to 16.8 billion rubles at the end of Q3. Accounts receivable also decreased – from 27.8 billion rubles to 23.6 billion rubles. (Ukrainian metal)