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% |