PJSC Interpipe Nizhnedneprovsky Pipe Rolling Plant (Interpipe NTRP, Dnipro) ended January-September of this year with a net loss of UAH 1 billion 933.943 million against a net profit of UAH 141.705 million for the same period last year.
According to the interim report of the company, published on Friday, net income for this period decreased by 14.3% – to UAH 5 billion 248.188 million.
Retained earnings by the end of September 2022 amounted to UAH 1 billion 941.983 million.
As reported, Interpipe NTZ ended 2021 with a net loss of UAH 486.412 million against a net profit for 2020 of UAH 22.905 million. Income for 2021 amounted to UAH 8 billion 225.588 million (for 2020 – UAH 9 billion 470.237 million).
Interpipe NTZ for the nine months of 2021 increased its net profit by 3.6 times compared to the same period last year – up to UAH 141.705 million, net income decreased by 17.3% – up to UAH 6 billion 123.667 million.
Interpipe NTRP produces longitudinally welded pipes with diameters from 152 to 530 mm. Its production capacity exceeds 850 thousand tons.
According to the NDU for the second quarter of 2021, Interpipe Ukraine LLC owns 12.0902% of its shares, KLW Limited (Cyprus) – 60.8197% and Interpipe Limited (Cyprus) – 21.8405%.
The authorized capital of PJSC “Interpipe NTZ” is UAH 100 million, the par value of the share is UAH 0.25.
Interpipe is an international vertically integrated pipe and wheel company, one of the world’s top ten manufacturers of seamless pipes and the third largest manufacturer of solid-rolled railway wheels in the world.
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.
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.
