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Interpipe subsidiary completes 2013 with loss

Thursday, 13 March 2014 17:20:02 (GMT+3)   |  
       

Ukrainian steel pipe and railway wheel producer Interpipe has announced that its subsidiary Interpipe Nizhnedneprovsky Pipe Plant recorded a loss of UAH 66.978 million ($7.06 million) in 2013. This compares with the net profit of UAH 41.902 million ($5.2 million) achieved by the subsidiary in 2012 .

According to the company, as of end of 2013 its undistributed profit amounted to UAH 1.765 billion ($0.186 billion).


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