The Ukrainian Metal

Russia: ChTsZ profit down in 2018

In 2018 Chelyabinsk Zinc Works received 32 billion rubles of revenue, with net profit at 1.8 billion rubles.

“This is slightly below the 2017 level, as a part of the profit has been spent on the construction of the Korbalikhinskiy mine (3 billion rubles). Thus, the profit could have been some 5 billion rubles”, the company CEO Pavel Izbrecht said.

In 2017 the net profit was 4 billion rubles. (Ukrainian metal)

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