Chelyabinsk Zinc Plant says RAS net profit rises 37.2% in Jan–Mar

MOSCOW, Apr 29 (PRIME) -- The net profit of Russia’s Chelyabinsk Zinc Plant grew by 37.2% on the year to 857.322 million rubles in January–March, as calculated under Russian Accounting Standards (RAS), as seen by PRIME on Wednesday in the materials of the company.

Revenue shrank by 1.2% on the year to 6.316 billion rubles in the period, and gross profit contracted by 13% to 1.596 billion rubles. Sales profit decreased by 23% to 1.026 billion rubles, while cost of sales went up 3.6% to 4.72 billion rubles.

Long-term liabilities of Chelyabinsk Zinc Plant went up by 15% in the period to 386.085 million rubles as of March 31, while short-term liabilities grew 36.9% to 3.679 billion rubles.

(74.5706 rubles – U.S. $1) 

End %%md/jst%%