Net income of MMK is up 3.5 fold in H1
Edited by Rhod Mackenzie / 2015-07-09 06:56:31
The metallurgical holding of V.Rashnikov increased the net profit by 3.5 times in the first half of the year. The net profit under RAS reached 28 billion roubles, runs the company’s statement.
MMK’s profit under RAS made up 28 billion roubles in H1, 2015. The statistics is given on the official site of the company. The revenue made up 8 billion roubles in the first half of 2014.
The company finished the 2014 with losses, though the loss reduced by 50 times to $44 million. Exchange differences of $622 million affected the results, they said in the company.
