PJSC Interpipe Novomoskovsky Pipe Plant (Interpipe NMTZ, Dnipropetrovsk region) increased its net profit by 2.2 times in 2021 compared to the previous year, to UAH 175.722 million.
According to the company’s annual report published on Monday, Interpipe NMPP increased its net income by 43.6% in 2021, to UAH 3 billion 871.695 million.
Retained earnings at the end of 2021 amounted to UAH 514.575 million.
As reported, Interpipe NMPP increased its net income by 25.1% in 2020 to UAH 3 billion 63.202 million, received a consolidated net profit of UAH 80.919 million, while it ended 2019 with a net loss of UAH 43.743 million.
Interpipe is a Ukrainian industrial company, a manufacturer of seamless pipes and railway 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, the Middle East, North America and Europe.
The structure of the company includes five industrial assets: Interpipe Nizhnedneprovsk Pipe Rolling Plant (NTZ), Interpipe Novomoskovsky Pipe Plant (NMTZ), Interpipe Niko-Tube, Dnepropetrovsk Vtormet and the Dneprostal electric steel-smelting complex under the Interpipe Steel brand .
The ultimate owner of Interpipe Limited is Ukrainian businessman Viktor Pinchuk and members of his family.
“Interpipe NMTZ” specializes in the production of welded pipes for the oil and gas industry, mechanical engineering, construction and other industries.
According to NDU data for the second quarter of 2021, Interpipe Limited (Cyprus) owns 89.8681% of the shares of the plant, while Lindsell Enterprises Limited (Cyprus) owns 6.2918%.
The authorized capital of PJSC Interpipe NMPP is UAH 50 million, the par value of a share is UAH 0.25.
