Logo
  Friday, April 10, 2020
Sign-In  |  Sign-Up  |  Contact Us  |  Bookmark 

Novolipetsk Steel [RTS: NLMK], one of Russia's largest steel and rolled
Novolipetsk Steel [RTS: NLMK], one of Russia's largest steel and rolled stock producers, said on Monday its US GAAP consolidated net income grew 9% year-on-year in 2007 to $2.25 billion.

The company said revenue in the reporting period rose 28% to $7.72 billion.

Novolipetsk Steel, based in Lipetsk, 438 km southeast of Moscow, also said its gross profit climbed 26% to $3.74 billion while operating profit gained 34% to $2.99 billion and earnings before interest, taxes, depreciation and amortization (EBITDA) were up 28% $3.37 billion.

The integrated steel-making company produces pig iron, slabs, hot-rolled, cold-rolled, galvanized, pre-painted, and grain- and non-grain-oriented steel.

Vladimir Lisin, the chairman of the company's board of directors, controls 84.6% of Novolipetsk Steel's stock.


Print Novolipetsk Steel [RTS: NLMK], one of Russia's largest steel and rolled Bookmark Novolipetsk Steel [RTS: NLMK], one of Russia's largest steel and rolled

Related News   
MarApril 2008May
MoTuWeThFrSaSu
31123456
78910111213
14151617181920
21222324252627
2829301234
567891011