PJSC “Interpipe Dnepropetrovsk Vtormet” (Dnipro), which is part of the pipe and wheel company (TKK) “Interpipe”, ended January-September of this year with 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 (NSMSC), for 9 months-2022, the company’s net income decreased by 44%, to UAH 2 billion 502.603 million.
Retained earnings by the end of September 2022 amounted to UAH 125.783 million.
The enterprise processed 122.675 thousand tons of scrap metal during the specified period.
As reported, following the results of work in 2021, the company increased its net profit by 75%, to UAH 14.234 million, net income increased 2.2 times, to UAH 6 billion 796.291 million. At the same time, 9.706 thousand tons of scrap metal was procured, services were provided for the processing and reloading of customer-supplied raw materials in the amount of 677.651 thousand tons.
“Interpipe Dnepropetrovsk Vtormet” specializes in the procurement and processing of ferrous scrap in the Dnepropetrovsk region with the subsequent sale of this product, including the preparation of charge for steelmaking enterprises.
According to the company, at the end of 2021, Interpipe Limited (Cyprus) owns 98.6699% of the shares of PJSC Interpipe Dnepropetrovsk Vtormet.
The authorized capital of the company is UAH 64.876 million.
