Enakiieve Steel decreased net loss 9% y-o-y
21 April 2011
Enakiieve Steel (UX: ENMZ UK), a part of Metinvest group, increased net revenue by 44.8% y-o-y to UAH 872.3 mln. Company’s 2010 net loss amounted UAH 778.6 mln, down 9% compared to UAH 857.1 net loss in 2009. By the end of 2010 accumulated loss totaled UAH 654.3 mln vs. UAH 70.6 mln retained earnings in 2009.
