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21/08/2014
13:51
6-month RAS net loss of Koks up 16.42%

RAS net loss of JSC Koks for H1 2014 grew by 16.42% to RUB 1.025 billion from RUB 880.44 million the year before, the company reported.

Revenue decreased by 9.26% to RUB 9.211 billion from RUB 10.151 billion, sales profit increased by 89.96% to RUB 982.19 million from RUB 517.044 million, loss before tax decreased by 7.01% to RUB 961.495 million from RUB 1.034 billion.

Koks Group / JSC Koks (tax number: 4205001274) is a vertically integrated company focusing on the cast-iron production, extraction and processing of coking coal and iron ore. Koks Group's three operational units are: the coal and coke unit, the iron ore & cast iron unit and the powder metallurgy unit. The Group's key production facilities are located in Kemerovo and Tula regions. The Group's activity is under control of Industrial Metallurgical Holding Management Company. The company is wholly owned by the family of the State Duma deputy Boris Zubitsky.

IFRS net loss of Koks Group for 2013 was RUB 2.436 billion against a profit of RUB 1.997 billion the year before. Revenue decreased by 5.84% to RUB 43.036 billion from RUB 45.704 billion, operating profit 2.16-fold to RUB 1.568 billion from RUB 3.382 billion EBITDA grew by 7.4% to RUB 6.595 billion from RUB 6.107 billion EBITDA margin was 15% against 13% the year before.

According to the DataCapital information retrieval system, RAS net loss of JSC Koks for Q1 2014 grew by 18.74% to RUB 491.731 million from RUB 414.127 million the year before. Revenue decreased by 4.47% to RUB 5.017 billion from RUB 5.252 billion, sales profit increased by 89.78% to RUB 521.513 million from RUB 274.805 million, loss before tax by 32.4% to RUB 617.513 million from RUB 466.407 million.



"AK&M", 21.08.2014

 

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