Russia: Ruspolymet net profits down in 2016
In 2016 Ruspolymet net profits decreased by 40% YoY, to 303.6 million rubles, as opposed to 534.6 million rubles in 2015, down by 43%. Revenues dropped by 7%, to 7.675 billion rubles, with sales profits up by 13%, to 1.93 billion rubles. EBITDA decreased 2-fold, to 328.6 million rubles. The company accounts receivable totaled 4.958…