Evraz reports decrease in net profits of its subsidiaries

Wednesday, 10 May 2006 13:31:24 (GMT+3)   |  
       

Evraz Holding, Russian vertical integrated steel production and mining company, reported decrease in net profits of its major subsidiaries in the first quarter of 2006 under the Russian accounting standards (RAS). Thus, net profit of Nizhny Tagil Iron and Steel Works fell 35 percent, that of West Siberian Iron and Steel Works (ZapSib) fell 10 percent and that of Kachkanarsky Mining and Processing Integrated Works (KGOK) fell 50 percent.

Similar articles

Fortescue reports higher net profit and revenue in H1 FY 2023-24

27 Feb | Steel News

BHP Billiton posts lower net profit for H1 FY 2023-24, targets higher iron ore output

22 Feb | Steel News

Kumba Iron Ore reports higher net profit and sales revenues in 2023

22 Feb | Steel News

Russia’s Severstal increases steel output in 2023, sales fall

05 Feb | Steel News

India’s MOIL Limited sees 37% rise in net profit in Q3 FY 2023-24

05 Feb | Steel News

Poland-based JSW posts net loss for Q3 amid higher costs

27 Nov | Steel News

India’s SMEL records 50% decline in net profit in Q2 FY 2023-24

31 Oct | Steel News

Ukraine-based Interpipe posts higher net profit in H1

28 Sep | Steel News

BHP Billiton’s revenue down in FY 2022-23 amid lower prices, China’s demand to be lower in medium term

23 Aug | Steel News

India’s Venus Pipes & Tubes sees 91% rise in net profit in Q1 FY 2023-24

04 Aug | Steel News