Interpipe Novomoskovsk Pipe Plant posts UAH 465.8 mln loss in Jan-Sept against profit a year earlier

KYIV. Nov 30 (Interfax-Ukraine) – PrJSC Interpipe Novomoskovsk Pipe Plant (Dnipropetrovsk region) in January-September 2022 saw a net loss of UAH 465.825 million, while in the same period last year it received a net profit of UAH 248.250 million.

According to the interim report, the plant reduced its net income by 67.7% over the nine months of 2022, to UAH 904.076 million.

Retained earnings at the end of September 2022 amounted to UAH 98.684 million.

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 through a network of sales offices located in the key markets of the CIS, the Middle East, North America and Europe.

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