The Ukrainian Metal

Russia: KGOK net profit down in 2018

In 2018 Korshunovsky Mining and Processing Works decreased net profit more than 2-fold YoY, to 2.33 billion rubles.

In 2017 net profit exceeded 4.7 billion rubles.

Last year revenue dropped by 13%, to 9.99 billion rubles.

Sales profit fell to 330 million rubles from 2.2 billion rubles in 2017. (Ukrainian metal)

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