Net profit of ChTPZ under RAS rose by 66% in Jan-September
Edited by Rhod Mackenzie / 2015-10-26 01:22:48
Finance Metals and mining Russia Chelyabinsk Pipe Plant (ChTPZ) Financial results Russia Metals and Mining Steel
The revenue of ChTPZ rose by 32.2% to 85.915 bln roubles, prime cost – by 36% to 68.43 bln roubles, pre-tax profit – by 53% to 6.42 bln roubles.
The net profit of ChTPZ under RAS made up 5.36 bln roubles in Jan-September 2015 having increased by 66% against the same period in 2014.
The company’s long-term obligations rose by 0.9% in Jan-September and as of September 30th made up 60.866 bln roubles, short-term – fell by 8.3% to 25.659 bln rubles.