KTK saw IFRS net loss of 1.3 bln rubles in 9M, compared with profit year before

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KTK saw IFRS net loss of 1.3 bln rubles in 9M, compared with profit year before

KEMEROVO. Nov 14 (Interfax) - The Kuzbasskaya Toplivnaya Company (KTK) has reported a 9M 2019 net loss of 1.275 billion rubles under International Financial Reporting Standards (IFRS), compared with a profit of 4.413 billion rubles a year before, the company said in a statement.

Revenue fell 15%, to 40.528 billion rubles, and EBITDA fell more than 80%, to 1.447 billion.

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