Chelyabinsk zinc plant increased net profit under RAS by 26 times

​The revenue rose by 15.3% to 12.302 bln roubles, the prime cost of sales fell by 3.9% to 8.725 bln roubles, pre-tax profit rose by 21.9 times to 2.102 bln roubles.

The net profit of the Chelyabinsk zinc plant OJSC in 2014 rose by 25.9 times against 2013 to make up 1.677 bln roubles, the company reports.

The company’s short-term obligations in 2014 rose by 1.7 times and as of December 31st 2014 amounted to 2.257 bln roubles, long-term obligations fell by 3.1% to 180.5 mln roubles.

The Chelyabinsk zinc plant OJSC is a vertically integrated company with a full technological cycle of zinc metal production. The group’s capacities are located in Russia (Chelyabinsk), Kazakhstan (Akzhal), UK (Cannock). The consortium in the structure of UGMK and “Russia copper company” holds the controlling package of the Chelyabinsk zinc plant (58%) via NF Holdings BV  (Netherlads).