Metinvest Group’s Kametstal plant, which was built at the facilities of Dnipro Metallurgical Plant (DMK, Kamianske, Dnipro region), posted a net profit of UAH 1 billion 359.475 million in January-June 2023, while the same period in 2022 ended with a net loss of UAH 1 billion 256.843 million.
According to the company’s interim report available to Interfax-Ukraine, net income for the period decreased by 0.8% to UAH 23 billion 415.731 million.
Retained earnings as of the end of June 2023 amounted to UAH 202.216 million.
The plant ended 2022 with a net loss of UAH 883.119 million, while in 2021 it made a net profit of UAH 120.277 million. The company’s net income in 2022 increased by 91.3% to UAH 37 billion 850.282 million. Production in 2022 amounted to 1 million 686.4 thousand tons of steel products.
“Kametstal was established on the basis of PJSC Dnipro Coke and Chemical Plant (DKKhZ) and the Centralized Steel Works of PJSC Dnipro Metallurgical Plant (DMK).
According to the third quarter of 2023, Metinvest B.V. (Netherlands) owns 100% of the company’s shares.
The authorized capital of PJSC Kametstal is UAH 170.584 million.
