MMK Illicha Steel posts net loss of UAH 490 mln in 1Q11
26 April 2011
MMK Illicha (UX: MMKI UK), part of Metinvest group, reported a net loss of UAH 490 mln (up 11.3x y-o-y). The company increased net revenues to UAH 7.79 bln, up 49.8% y-o-y. As of end-1Q11, the company’s retained earnings amounted to UAH 4.11 bln.
