The Ukrainian Metal

Russia: MMK profit down in Q3 2019

In July-September MMK received $271 million of profit, down by 32% YoY.

Revenue dropped by 4%, to $2.009 billion, and EBITDA – by 22%, to $525 million.

In January-September profit decreased by 28% YoY, to $768 million.

Revenue fell by 6.5%, to $5.844 billion, and EBITDA – by 22%, to $1.462 billion. (Ukrainian metal)

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