Chelyabinsk zinc plant announced a reduction in net profit by 3.5 times

The Chelyabinsk zinc plant announced a reduction in net profit by 3.5 times to 147 million rubles in January – September 2013. Revenue increased from 7.8 billion rubles to 7.9 billion rubles. Gross profit reduced from 1.59 billion rubles to 1.27 billion rubles. Net profit reduced due to the fall in the price for sulfurous acid by 32%, a growth in salaries, the growth in expenses to technical services and repairs, and the growth in the price of energy resources  14%. One more factor was the growth in expenses to sulfurous acid transporting to the consumers due to the change in the market situation.

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
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