Belon reduced revenue by 28% in 2012
Edited by Rhod Mackenzie / 2013-04-15 05:13:12
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.
