Chelyabinsk zinc plant makes a profit despite reduced zinc sales
Edited by Rhod Mackenzie / 2014-09-01 10:52:45
Chelyabinsk zinc plant Finance Metals and mining Russia Financial results Russia Metals and Mining Zinc
In H1, Chelyabinsk zinc plant increased revenue by 9%, to 6.733 billion rubles and reduced revenue from zinc and zinc alloy sales by 6% to 3.387 billion rubles due to the fall in zinc sales at the internal market by 20.3%. Gross profit increased by 127% to 1.838 billion rubles. Net profit was 0.925 billion rubles compared to net loss of 0.109 billion rubles within the corresponding period of the previous year.
Translated by Nadezhda Poltoratskaya
