Date: 3 months ago   Category: Industry

The net profit of ChTPZ Group in the first half of the year according to IFRS has grown by 2,7 times — to 5,6 billion rubles — Rambler News Service


The net profit of ChTPZ Group in the first half of the year 2018 according to IFRS has grown by 2,7 times in comparison with the same period of last year, to 5,62 billion rubles, follows from the report of the company. Revenue for the same period has grown by 31%, up to 94,94 billion rubles, the gross profit of ChTPZ has grown by 36%, up to 23,48 billion rubles, operating profit — for 66%, up to 12,2 billion rubles, the corrected EBITDA indicator — for 48%, up to 16,24 billion rubles. Profitability on EBITDA has made 17,1% against 15,2% the previous year. The group cash flow from operations for the reporting period has decreased by 73%, up to 1,4 billion rubles, capital investments of group have grown by 1%, up to 2,24 billion rubles ChTPZ Group is one of the largest industrial groups of a metallurgical complex of Russia, unites the enterprises and the companies of ferrous metallurgy: Chelyabinsk Tube Rolling Plant, Pervouralsk New Pipe Plant, the warehouse complex enabling the realization of pipe production of group in regions, the company on preparation and processing of META scrap metal, the enterprise for production of the main equipment of HONEYCOMBS, ETERNO, MSA (Czech Republic) oilfield service business is presented by the Rimera company. The main shareholders of ChTPZ are the businessman Andrey Komarov and the chairman of the boards of directors of ChTPZ and PNTZ Alexander Fedorov.

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