05
Oct
13:35
Interpipe’s first-half revenue increases slightly despite war
Ukrainian pipe and railway products manufacturer Interpipe saw first-half-of-2022 revenue increase slightly.
January-June revenue was more by 0.2% on-year to $461.44 million, but profit was significantly lower, by 33.7% compared to the same period in 2021, at $19.53m, Kallanish notes. Ebitda decreased by 54.7% on-year to $50.4m and capital investment decreased by 71% to $9m.
The main factor affecting results was the ongoing Russian military invasion of Ukrai…
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Anonymous
Very good overview of the weekly steel market.
Anonymous