ChelPipe’s IFRS net profit rises 7.2% to 4.5 bln rbl in Jan–Jun - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

ChelPipe’s IFRS net profit rises 7.2% to 4.5 bln rbl in Jan–Jun

MOSCOW, Aug 11 (PRIME) -- The net profit of Russia’s Chelyabinsk Pipe Plant (ChelPipe) increased by 7.2% on the year to 4.48 billion rubles in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on Tuesday.

Sales revenue fell by 16.3% to 71.844 billion rubles, and gross profit contracted by 7% to 21.669 billion rubles. Pretax profit decreased by 5.9% to 5.542 billion rubles.

(73.7750 rubles – U.S. $1)

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11.08.2020 11:31