The Ukrainian Metal

Russia: Nadezhdinsky Works net profit up in 2018

In 2018 Nadezhdinsky Iron and Steel Works received 1.32 billion rubles of net profit, up from 610.7 million rubles in 2017.

This is also the highest result so far.

At the same time, in 2016 the company received 1.2 billion rubles of net losses, in 2015 – 2 billion rubles and in 2014 – 4 billion rubles.

Revenue grew by 21%, to 24.33 billion rubles. (Ukrainian metal)

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