The Ukrainian Metal

Ukraine: Zaporozhye Vtormet losses up in 2018

In 2018 Zaporozhye Secondary Materials Processing Works (Zaporozhye Vtormet) received 1.924 million UAH of net losses, up by 51.3% YoY.

The uncovered losses as of the end of 2018 were 113.131 million UAH.

The company current liabilities dropped by 1.1%, to 90.047 million UAH, and it has no fixed liabilities.

The accounts receivable decreased by 24.9%, to 54.458 million UAH.

The value of its assets fell by 17.4%, to 125.392 million UAH. (Ukrainian metal)

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