In January-March, Mechel net profit grew 3.44-fold YoY and 7-fold QoQ, to 11.336 billion rubles.
Gross profit increased 3.3-fold YoY, to 11.714 billion rubles.
EBITDA dropped by 17%, to 15.322 billion rubles, though it grew by 2% QoQ.
The group net debt as of March 31 was 456.585 billion rubles ad opposed to 467.704 billion rubles in late 2018. (Ukrainian metal)