In January-March, Interpipe Nizhnedneprovsk Pipe-Rolling Plant received 255.8 million UAH of net losses as opposed to a net profit of 812.7 million UAH in Q1 2019.
Consolidated net income decreased by 8.7%, to 3.116 billion UAH.
Undistributed profit totaled 3.648 billion UAH.
Interpipe NTZ produces welded pipes with the diameter of 152 to 530 mm. Its capacity exceeds 850 thousand tons per year. (Ukrainian metal)