In January-September 2023, Pokrovsk Mining and Processing Works increased net loss 4.8-fold YoY, to 235 million UAH. Net income decreased by 0.9%, to 1.06 billion UAH. Undistributed profit amounted to 1.11 billion UAH. (Ukrainian metal)
In January-September, Pokrovsk Mining and Processing Works received 49.98 million UAH of net loss as opposed to a net profit of 99.32 million UAH last year. Net income decreased by 54.4%, to 1.07 billion UAH. Undistributed profit amounted to 1.35 billion UAH. (Ukrainian metal)
Pokrovsk Mining and Processing Works supplies its manganese ore concentrate to the Nikopol Ferroalloy Works (NZF) only, as the Zaporozhye Ferro Alloys Plant has almost suspended operation. According to the company chairman Sergey Shuvayev, NZF needs products of the second sort only, that is why mostly the Northern quarry of PGOK operates. PGOK suspended operation…
This year, Pokrovsk Mining and Processing Works plans to produce as much as in 2022. According to the technical director Victor Bondarets, the enterprise is idle now and will remain like this until at least April 1 due to the shortage of electricity. “We will resume operation from April 1, when the heating season ends,”…
