The Ukrainian Metal

Russia: Mechel profit up in H1 2019

In January-June Mechel profit accountable for shareholders grew 2.7-fold, to 12.75 billion rubles.

Consolidated revenue dropped by 2%, to 153.3 billion rubles. EBITDA decreased by 27%, to 30.35 billion rubles.

In Q2 profit fell by 88% QoQ, to 1.4 billion rubles, revenue increased by 5%, to 78.5 billion rubles, but EBITDA dropped by 2%, to 15 billion rubles. (Ukrainian metal)

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