PJSC Interpipe Novomoskovsk Pipe Plant (Interpipe NMPP, Dnipropetrovsk region) has reduced its net loss by 8.8 times in January-March of this year compared to the same period last year – to UAH 13.248 mln.
According to the interim report of the company, the company reduced net income by 37.3% to UAH 251.985 mln during this period.
Retained earnings by the end of March 2023 amounted to UAH 200.795 million.
As reported, “Interpipe NMTZ” ended 2022 with a net loss of UAH 382.038 million, while in the previous year received a net profit of UAH 175.722 million.
“Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railroad 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, Middle East, North America and Europe.
The company has five industrial assets: “Interpipe Nizhnedneprovsky Pipe Rolling Plant (NTZ)”, “Interpipe Novomoskovsk Pipe Plant (NMTZ)”, “Interpipe Niko Tube”, “Dnepropetrovsk Vtormet” and Dneprostal electric steelmaking complex under the brand name “Interpipe Steel”.
The ultimate owner of Interpipe Limited is Ukrainian businessman Victor Pinchuk and his family members.
“Interpipe NMTZ” specializes in the production of welded pipes for the oil and gas industry, machine building, construction and other industries.
According to NDU data for the fourth quarter of 2022, Interpipe Limited (Cyprus) owns 90.3897% of the plant’s shares, while Lindsell Enterprises Limited (Cyprus) has 6.2918%.
The authorized capital of PJSC Interpipe NFTZ is UAH 50 mln, the nominal value of a share is UAH 0.25.
