Kominmet Posts Loss Of USD 4.3 Mln In 2004.
14 July 2008
Last year, the company’s sales surged 98.1% to USD 66.2 mln. Steel pipe sales (141.2K mt) comprised 83.2% of Kominmet’s total revenue, leaded steel, shovels and dishes made up the remainder of the company?s sales. The company has been going through a period of financial recovery since Dec 9, 2003. Recently the recovery period was extended until Dec 9, 2005. Kominmet is controlled by Privat Group.
