MMK METIZ’s Profit Nearly Doubles in QII’18

24 August 2018 (09:36)

UrBC, Magnitogorsk, August 24, 2018. MMK Group’s asset MMK METIZ made RUR 260.7m in net profit in the second quarter of the year, which exceeded the figures for one year earlier by 1.7 times, the Group’s press service reports.

The company’s net profit reached RUR 413.42m in the first half of the year overall, which was actually 40% less than in the first half of 2017.

MMK METIZ’s sales revenues came toRUR 11.513bn in January-June 2018, which was 20% more than one year earlier.

Second quarter’s sales amounted to RUR 6.13bn, which was 14% more than one year earlier.

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