MMK Illicha posts USD 565 mln net loss in 2011

12 March 2012

MMK Illicha Steel (MMKI UK) reported a net loss of USD 565 mln in 2011, vs. USD 53 mln in 2010, Interfax reported last week. The reported figure implies a net loss of USD 420 mln in 4Q11, a 6.7x larger loss qoq.

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