Ukrainian pipe producer Khartsyzsk Pipe Works (KhPW), a subsidiary of Ukraine's largest vertically-integrated mining and steel group Metinvest, has posted a net profit of about UAH 272.891 million ($32.8 million) for 2012, compared to UAH 788.018 million ($96.76 million) in 2011.
KhartsyzskTube Works is the leading Ukrainian producer of oil and gas tubes of large diameters.