Russia: ChTsZ profits up in 2016
The net profits of Chelyabinsk Zinc Works in 2016 increased 1.7-fold YoY, to 3.965 billion rubles. Revenues went up by 19.7%, to 23.424 billion rubles, with sales profits up by 38.4%, to 5.199 billion rubles, and EBITDA up 1.7-fold, to 4.975 billion. Last year the company increased zinc and zinc alloys manufacture by 2.2% YoY,…