Mittal Steel Kryviy Rih Reports 2006 PBT
22 February 2008
According to the State Property Fund, Mittal Steel Kryviy Rih (KSTL: HOLD) posted profit before taxes of USD 775 mln in 2006, up 85% yoy. Andriy Gostik: The reported PBT implies that the company’s net income would total ~USD 580-590 mln, which is 6-7% lower than our projection.
