15 Mar 2013 14:39

Novolipetsk Steel profit down 27% to 25.2 bln rubles in 2012

MOSCOW. March 15 (Interfax) - Novolipetsk Steel (NLMK) saw its net profit to Russian Accounting Standards (RAS) fall 27% last year to 25.2 billion rubles, the company said in a statement.

Financial highlights ('000 rubles):

2012 2011 %
Sales revenue 240 122 719 221 178 073 8,6%
Cost of sold goods (200 996 515) (174 023 964) 15,5%
Gross profit 39 126 204 47 154 109 -17%
Net profit 25 151 840 34 667 418 -27%