The 9-month net profit at Novolipetsky Metallurgic Plant (NLMK) moved down (RAS) 16.63% to 17.472bn rub. from 20.956bn rub. prior year, the company informed.
The revenues declined 6.17% to 171.533bn rub. from 182.821bn rub.; profit from sales - 2.3 fold to 5.066bn rub. from 11.635bn rub.; pretax profit - 27.38% to 17.63bn rub. from 24.278bn rub.
NLMK (TIN 4823006703) is included into the 3-list of largest plants in the ferrous metallurgy sector. The output gains 9mln ton/y of steel. The main assets are located in Russia, EC and USA.
The major holder is Fletcher Holdings Ltd. (85.91%) held by V.Lisin, chairman; the top managers having 2.8%. The share capital is worth 5993227240 rub. split in the same number of stocks of 1 rub. par). The stocks in free circulation account for 11.29%.
The IQ 2013 net profit plunged (US GAAP) 4.9 fold to $35.404mln from $173.628mln prior year. The revenues dropped 7.69% to $2.856bn from $3.094bn; operating profit being down 2.3 fold to $110.833mln from $255.071mln; pretax profit - 4.74 fold to $52.906mln from $250.614mln; EBITDA - 26.39% to $318mln from $432mln; EBITDA margin - 11.1% vs. 14%.
The IH 2013 net profit (RAS) rallied down 42% to 8.147bn rub. from 14.047bn rub.; revenues moved down 8.54% to 112.531bn rub. from 123.042bn rub.; profit from sales - 2.34 fold to 2.896bn rub. from 6.763bn rub.; pretax profit - 49.98% to 7.985bn rub. from 15.965bn rub.