Klyuchevsk Ferroalloys Works JSC produces 3.1% less goods in 2005

25 May 2006 (11:28)

Klyuchevsk Ferroalloys Works JSC released its financial and production reports for 2005. According to their data, the company produced 26,332 tons of goods, which is 3.1% less than a year earlier. This decrease was caused by the works receiving no public contracts on supplying chrome to the Russian fund RosReserve. In 2005, the company produced 5,861 tons of metal aluminothermal chrome, 3,270 tons of ferrochrome, 3,172 tons of ferrotitanium.

The company produced 944.117m RUR worth of goods altogether, and its sales profits came to 912.124m RUR; the gross profit reached the point of over 180m RUR, the net profit comprised 3.9m RUR. The profitability of the goods produced was estimated to come to 24.6%.

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