Belon reduced revenue by 28% in 2012

The revenue of “Belon” (coal segment of MMK) under IAS went down by 28% in 2012 against 2011 and made up $469 million. A reduction is due to a decrease of coal prices in 2012 on the world markets. The revenue in coal segment in Q4, 2012 made up $105 million. EBITDA of the company in 2012 made up $86 million.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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