In January-June Asha Iron and Steel Works received 13.5 billion rubles of revenue, up by 6% YoY. Net profit grew 3.8-fold, to 886.84 million rubles. At the same time sales profit dropped by 22%, to 827 million rubles. (Ukrainian metal)
The net profit of Chelyabinsk Pipe-Rolling Plant, or ChelPipe, fell by 26% YoY, to 4.179 billion rules in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said. Revenue from sales decreased by 9.6%, to 85.84 billion rubles, gross profit slid by 0.8%, to 23.288 billion rubles, and the pretax profit dropped by…
Volnogorsk Iron and Steel Works, a subsidiary of the United Mining and Chemical Company, has concluded an agreement with Gydrospetsservis LLC to repair a locomotive valued at 11.91 million UAH. During the year the company has to repair the TEM-2U shunting locomotive. The machine was constructed in 1985 at the Bryansk Machine-Building Works. (Ukrainian metal)