The Ukrainian Metal

Russia: STZ profit down in 2018

In 2018 Seversky Pipe Works decreased net profit 5-fold, to 49.6 million rubles.

Revenue grew from 40.4 to 51 billion rubles, with sales profit up from 1.4 billion rubles to 3.68 billion.

The volume of fixed liabilities increased from 13.8 to 17.1 billion rubles. (Ukrainian metal)

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