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Kuzbassrazrezugol reduced net profit.

The 2013-net profit at Kuzbassrazrezugol rallied down 5.77 fold to 1.688bn rub. from 9.748bn rub., the company informed.

The revenues declined 21.55% to 52.299bn rub. from 66.666bn rub.; profit from sales - 4.53 fold to 3.106bn rub. from 14.086bn rub.; pretax profit - 7.08 fold to 1.795bn rub. from 12.702bn rub.

Kuzbassrazrezugol (TIN 4205049090) is the largest company in Russia providing coal extraction through to the open-pit mining. It is ranked as the 4th company on the coal market in Kuznetsky basin. It keeps licenses on the development of 17 coal fields. The exports reached 19mln ton/y. The single executive body powers have been transferred to UGMK-holding.

The 2012-net profit (RAS) increased 18.32% to gain 9.748bn rub. from 8.239bn rub.; revenues being up 9.54% to 66.666bn rub. from 60.859bn rub.; profit from sales being down 5.85% to 14.086bn rub. from 14.961bn rub.; pretax increased 19.02% to 12.702bn rub. from 10.673bn rub.

"AK&M", 03.04.2014


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