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16/04/2018
17:12
Industrial Metallurgical Holding 12M IFRS net profit down 18% to RUB 7.599 bln

IFRS net profit of Industrial Metallurgical Holding for 2017 decreased by 18% to RUB 7.599 billion from RUB 9.211 billion the year before, the company informed.

Revenue increased by 32% to RUB 85.36 billion from RUB 64.52 billion, gross profit by 39% to RUB 27.985 billion from RUB 20.139 billion, EBITDA by 45% to RUB 17.068 billion from RUB 11.777 billion.

Industrial Metallurgical Holding (IMH, PJSC KOKS, tax number: 4205001274) is a vertically integrated company focusing on the cast-iron production, extraction and processing of coking coal and iron ore.

The Group's three operational units are: the coal and coke unit, the iron ore & cast iron unit and the powder metallurgy unit. The Group's key production facilities are located in Kemerovo and Tula regions. The Group's activity is under control of Industrial Metallurgical Holding Management Company. The company is wholly owned by the family of the State Duma deputy Boris Zubitsky.

RAS net profit of the company for 2017 grew 2.8 times to RUB 7.022 billion from RUB 2.539 billion the year before. Revenue increased 1.6 times to RUB 33.937 billion from RUB 20.996 billion, gross profit 1.44 times to RUB 10.413 billion from RUB 7.249 billion.

"AK&M", 16.04.2018 15:07

 

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