Ukraine: Metinvest net loss down in 2023
In 2023, the consolidated net loss of Metinvest B.V. (the Netherlands) totaled $194 million, down 11-fold YoY. Revenue dropped by 11%, to $7.397 billion, and EBITDA – by 54%, to $861 million. Metal sector revenue decreased by 15.2%, to $4.846 billion, and mining – by 0.8%, to $2.551 billion. Corrected EBITDA of metal division fell…