Ukraine: Interpipe NTZ net income down in 2020

In 2020, Interpipe NTZ decreased its consolidated net income by 35.2% YoY, to 9.471 billion UAH. Consolidated net profit dropped 155.5-fold, to 3.562 billion UAH. Undistributed profit amounted to 3.8 billion UAH. Last year, the company produced 94.136 thousand tons of seamless steel hot-deformed pipes, 171.51 thousand tons of solid railroad wheels and 30.628 thousand…

Ukraine: Dneprometiz income down in 2020

In 2020, Dneprometiz decreased net income by 7.6% YoY, to 1.227 billion UAH. Net loss amounted to 33.968 million UAH as opposed to a net profit of 25.279 million UAH in 2019. Undistributed profit totaled 60.286 million UAH. Accounts receivable dropped by 3.5%, to 147.148 million UAH, while fixed liabilities grew by 22.6%, to 199.633…