Azovstal increased its net loss in H1 2012
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Monday, 23 Jul 2012
Azovstal one of Ukraine’s leading steel makers in H1 2012 increased its net loss 8.2 times YoY to UAH 1.2 billion. Gross loss totalled UAH 717.1 million in H1 2o12 versus gross profit at the level of UAH 372.1 million in H1 2011. The revenue from sales decreased by 23.7% YoY to UAH 17.5 billion.
Source - Phoenix Capital
(www.steelguru.com)
