In 2019, Nadezhdinsky Iron and Steel Works decreased net profit by 37% YoY, to 838 million rubles.
Last year the company was receiving profit each quarter: 285 million rubles in Q1, 217 million rubles in Q2, 169 million rubles in Q3 and 158 million rubles in Q4.
Revenue dropped by 9%, to 22.04 billion rubles.
Sales profit decreased by 43%, to 1.9 billion rubles. (Ukrainian metal)