KOKS Group posts reduced net loss for H1

Friday, 22 August 2014 16:41:28 (GMT+3)   |  
       

Russian pig iron and coking coal company KOKS Group has announced its financial and operating results for the first half of the current year.

In the first six months of the year, KOKS Group registered a net loss of RUB 96 million ($2.6 million), compared to a net loss of RUB 833 million in the corresponding period of the previous year. The company's sales revenue in the given period increased by two percent year on year to RUB 21.394 billion ($0.59 billion).

On the other hand, KOKS' operating profit was RUB 1.762 billion ($48.56 million), up 17 percent year on year.


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