By KYIV. Oct 23 (Interfax-Ukraine) – PJSC Interpipe Nyzhniodniprovsky Pipe Rolling Plant (Dnipro) in January-June of this year received a consolidated net profit of UAH 1.206 billion, while it completed the same period last year with a net loss of UAH 882.732 million
According to the interim report on consolidated financial results for January-June 2023, the company increased its net income for this period by 2.9 times – to UAH 6.865 billion.
Retained consolidated profit by the end of June 2023 amounted to UAH 4.223 billion.
Interpipe Nyzhniodniprovsky Pipe Rolling Plant produces straight-seam welded pipes with a diameter from 152 to 530 mm. Its production capacity exceeds 850,000 tonnes.
According to the National Depository of Ukraine data for the fourth quarter of 2022, Interpipe Ukraine LLC owns 12.0902% of its shares, KLW Limited (Cyprus) – 60.8197% and Interpipe Limited (Cyprus) – 21.8405%.
Interpipe is an international vertically integrated pipe and wheel company, one of the world’s ten largest producers of seamless pipes and the third largest manufacturer of solid-rolled railway wheels in the world.
