In January – Sept, MMK made a net profit by ISA of $106 million

In January – Sept, MMK gained net profit by ISA of $106 million compared to net loss of $274 million a year ago. EBITDA increased by 33.4% to $1.215 billion. Revenue reduced by 1.5% to $6.225 billion. Profitability by EBITDA was 19.5% compared to 14.4% a year ago.

In Q3, net profit reduced by 83.6% to $26 million. EBITDA increased by 30.8% to $522 million. Revenue reduced by 3.4% to $2.135 billion. Profitability by EBITDA was 24.4% compared to 18% in Q2. The main reason for reduction of net profit was non-cash flow due to differences in currency exchange of $196 million.

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