Chelyabinsk metallurgical plant made 7 bln roubles of net profit in Q1

​Chelyabinsk metallurgical plant OJSC (in the structure of Mechel group) in Q1 2015 made 7 bln roubles of net profit under RAS against the loss of 3 bln roubles in Q1 2014.

According to the company’s report, the revenue rose by 39% to 27 bln roubles. It was mainly due to the growth of sales profit in the domestic market.

The debt of the Chelyabinsk metallurgical plant rose from 9.5 bln roubles as of the beginning of 2015 to 16.9 bln roubles as of the end of Q1, credit indebtedness stayed at the same level – 20.7 bln roubles as of the end of Q1.

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