The revenue of the pipe plant from Kamensk-Uralsk is up by 2.5 times
The income of “SinTZ” has reached 21.638 billion roubles since the beginning of the year. The Sinarsky pipe plant raised net profit by 2.5 times up to 495.18 million roubles in January-September 2012 against the same period in 2011. Metal Bulletin reports.
The revenue of the plant has reached 21.638 billion roubles since January. In Q3, the income went up by 5% to 7.281 billion.
In summer, the plant shipped the first lot of coiled tubing for nuclear industry, machine building and fuel-and-energy sector. But a shipment of the product has required nonstandard decisions as the typical rail road wagon is able to carry pipes of up to only 13 meters in length.
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Translated by Iraida Idiytaova