By KYIV. Dec 4 (Interfax-Ukraine) – PrJSC Interpipe Novomoskovsk Pipe Plant (Dnipropetrovsk region) in January-September of this year received a net profit of UAH 157.461 million, while the same period last year its net loss was UAH 465.825 million.
According to the company’s interim report, during this period the plant increased its net income by 85.6% – to UAH 1.678 billion.
Retained earnings by the end of September amounted to UAH 401.829 million.
As reported, Interpipe Novomoskovsk Pipe Plant in the first quarter of 2023 reduced its loss by 8.8 times compared to the same period in 2022 – to UAH 13.248 million. According to the results of the first half of the year, the plant received a net profit of UAH 847,000 against a net loss of UAH 231.059 million in January-June last year.
Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway wheels. The company’s products are supplied to more than 80 countries around the world through a network of sales offices located in key markets of the CIS, the Middle East, North America and Europe.
Interpipe Novomoskovsk Pipe Plant specializes in the production of welded pipes for the oil and gas industry, mechanical engineering, construction and other industries.
Its charter capital is UAH 50 million, share par value is UAH 0.25.
