Business news from Ukraine

Interpipe NTZ posts loss of more than UAH 882 mln in H1

14 October , 2022  

PJSC Interpipe Nyzhniodniprovsky Pipe Rolling Plant (NTZ, Dnipro) in January-June of this year posted a net loss of UAH 882.682 million against a net profit of UAH 163.581 million for the same period last year.
According to the interim report of the company, net income for this period decreased by 42.8% – to UAH 4.176 billion.
Retained earnings by the end of June 2022 amounted to UAH 2.951 billion.
In turn, the consolidated loss of Interpipe NTZ for January-June 2022 amounted to UAH 882.732 million (there was a profit of UAH 163.481 million).
According to the annual report for 2021, the company’s net loss amounted to UAH 486.412 million against a net profit of UAH 22.905 million for 2020. Income for 2021 amounted to UAH 8.226 billion (for 2020 – UAH 9.470 billion).
The group also published a report for January-March 2022, according to which the loss amounted to UAH 783.259 million, net income – UAH 1.075 billion.

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