Ukrainian steel pipe and railway wheel producer Interpipe has announced its financial results for 2021.
In the given year, the company’s net profit was $91.31 million, compared to $195.11 million in 2020, while its sales revenue rose by 30.9 percent year on year to $1.13 billion.
Interpipe’s operating profit in 2021 amounted to $146.67 million, down by 31.0 percent year on year.
In 2021, the company’s overall pipe production increased by 33 percent year on year to 615,000 mt, amid the global demand pick-up.
