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27 Nov
11:07

Metalloinvest continues upgrades on strong financial growth

Russian miner and metallics and steel producer Metalloinvest increased all financial indicators in the first nine months of the year. Revenue was up 17.3% on-year to $5.34 billion, profitability was at 40.9% against 33.9% a year earlier, and net income rose 14.3% on-year to $1.25 billion.  Metalloinvest's third-quarter revenue rose 2.6% on-year to $1.6 billion, and profitability gained 12.6 percentage points to 44.3%, although net&nb…
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