Interpipe Dnipropetrovsk Vtormet posts UAH 54 mln loss in Jan-Sept 2022

KYIV. Oct 31 (Interfax-Ukraine) – PrJSC Interpipe Dnipropetrovsk Vtormet (Dnipro), which is part of Interpipe Pipe and Wheel Company, in January-September of this year posted a net loss of UAH 54.081 million against a net profit of UAH 17.197 million for the same period last year.

According to the interim report of the company, published in the information disclosure system of the National Securities and Stock Market Commission, for the nine months of 2022, the company’s net income decreased by 44%, to UAH 2.503 billion.

Retained earnings by the end of September 2022 amounted to UAH 125.783 million.

The enterprise processed 122,675 tonnes of scrap metal during the specified period.

Interpipe Dnipropetrovsk Vtormet specializes in the procurement and processing of ferrous scrap in Dnipropetrovsk region with the subsequent sale of this product.

According to the company, at the end of 2021, Interpipe Limited (Cyprus) owns 98.6699% of its shares.

The charter capital of the company is UAH 64.876 million.

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