In Q1, Donetskstal gained net loss of over 1.5 billion grivnas and reduced net revenue by 16.9% to 3.149815 billion grivnas

In Q1, Donetskstal made a net loss of over 1.575660 billion grivnas, compared to net profit of 7.313 million grivnas in Q1 2013, and reduced net revenue by 16.9% to 3.149815 billion grivnas. Negative pretax financial result was 1.917198 billion grivnas , versus pretax profit of 33.973 million grivnas last year. In Q1, the plant smelted 327,918 tons of cast iron, and extracted 981,133 tons of K coal concentrate. In 2013, Donetskstal metal works reduced net profit by 82.4% to 79.005 million grivnas.

Full text available to premium subscribers only.

Buy full access for 24 hours now

or

Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
12 Northfields Prospect; London, - SW18 1PE; United Kingdom
E 51° 27.454518" S 0° 14.101236"

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer