The holding of the Chelyabinsk oligarch Zyuzin increased its net profit

2023-08-16 17:29:00

The net profit of the metallurgical company Mechel (Chairman of the Board of Directors – Igor Zyuzin), whose main assets are located in Chelyabinsk, grew to 6.79 billion rubles in the first half of the year according to Russian Accounting Standards (RBSU). In the first half of 2022, this figure was 1.98 billion rubles. This is reported in financial documents on the company’s website.

“Net profit for January-June 2023 is 6.79 billion rubles. For January-June 2022 – 1.98 billion rubles,” Mechel reports.

The company’s revenue for six months fell to eight billion rubles. In January-June 2022, it amounted to more than 17 billion rubles. Gross profit and profit from sales fell by half – to 7.97 billion rubles and 6.8 billion rubles, respectively.

Mechel unites more than 20 industrial enterprises that produce coal, iron ore, steel, rolled products, and ferroalloys. Earlier URA.RU wrote that ChMK PJSC (part of Mechel) received net loss in the amount of 10.9 billion rubles, reducing net profit by 39 billion rubles.

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