Ukraine-based Interpipe reports higher net profit and revenues for H1

Thursday, 19 September 2024 14:10:58 (GMT+3)   |   Istanbul

Ukrainian steel pipe and railway wheel producer Interpipe has announced its financial and operational results for the first half of this year.

In the given period, the company posted a net profit of $128.74 million, compared to $122.43 million recorded in the same period of last year, while its total sales revenues moved up by 3.4 percent year on year to $535.77 million. In addition, Interpipe’s operating profit in the first half was $172.63 million, declining by 3.2 percent from $178.29 million recorded in the same period of 2023.

ElifKefeli
Elif Kefeli
Editor

I graduated from Yeditepe University’s Department of Translation and Interpreting Studies in 2017. I joined SteelOrbis in 2021, where I currently work as a content specialist. I am writing news reports and industry-related content with a special focus on decarbonization, green steel, sustainability, and recycling.

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