Electrozinc sharply increased net profit in Q1 2016
Edited by Rhod Mackenzie / 2016-05-17 11:42:05
Finance Metals and mining Russia Financial results Ural mining metallurgical company UGMK Russia Metals and Mining
On the results of Q1 2016 Electrozinc (in the structure of UGMK) significantly increased its net profit against net profit made in Q1 2015. The net profit amounted to 340 mln roubles, which is by 3 times higher than in Q1 2015.
The revenue of Electrozinc in Q1 rose by 24% against Q1 2015 and made up 1.558 bln roubles.
Sales profit in Q1 exceeded 439.7 mln roubles, which is by 27% higher than in Q1 2015. Sales profitability in Q1 made up 28%, in Q1 2015 – 27%.
