IFRS net loss of OJSC Kuzbasskaya Toplivnaya Company (KTK) for H1 2014 was RUB 76 million against a profit of RUB 21 million the year before, the company reported.
Revenue decreased by 9% to RUB 8.721 billion from RUB 9.584 billion, operating profit by 35.86% to RUB 245 million from RUB 382 million, EBITDA by 17.54% to RUB 785 million from RUB 952 million, EBITDA margin to 9% from 9.9%.
OJSC Kuzbasskaya Toplivnaya Company (KTK, name as per Articles of Association, tax number: 4205003440) is one of the largest coal-mining companies of Kemerovo region and Russia. It includes coal strip mines Vinogradovskiy, Karakanskiy-Yuzhniy, Cheremshanskiy, the transport company TEK Meret, the fuel-supplying enterprises in Kemerovo, Novosibirsk, Omsk region, Altai Krai, the heat power enterprise Kaskad-Energo.
IFRS net profit of OJSC Kuzbasskaya Toplivnaya Company for Q1 2014 decreased 5.73-fold to RUB 15 million from RUB 86 million for the same period in 2013. Revenue decreased by 1.89% to RUB 4.834 billion from RUB 4.927 billion, operating profit grew by 30.9% to RUB 305 million from RUB 233 million, pre-tax profit decreased 3.74-fold to RUB 34 million from RUB 127 million.
According to the DataCapital information retrieval system, RAS net profit of OJSC Kuzbasskaya Toplivnaya Company for H1 2014 decreased by 39.52% to RUB 47.439 million from RUB 78.443 million the year before. Revenue increased by 0.99% to RUB 8.356 billion from RUB 8.274 billion, sales profit decreased by 15.9% to RUB 471.742 million from RUB 560.907 million, pre-tax profit by 35.06% to RUB 73.251 million from RUB 112.796 million.