The Ukrainian Metal

Ukraine: Ferrexpo profit down in H1 2023

In January-June, Ferrexpo received $27.01 million of net profit, down 3-fold YoY.

This is the lowest result over the past 10 years.

Revenue dropped 2.8-fold, to $334.01 million.

Capital investments totaled $58 million, down by 43.1%.

Interim dividends were not paid. (Ukrainian metal)

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