Yenakiieve Steel widens net loss in 9M12
24 October 2012
Yenakiieve Steel (ENMZ UK) decreased revenue by 4% yoy to USD 1.2 bln in 9M12, according to a filing yesterday. EBITDA improved 10% yoy to USD 75.8 mln, while net loss widened 74% yoy to USD 169 mln. The company generated negative EBITDA of minus USD 23 mln and a net loss of USD 60 mln during the quarter, which are 2.2x and 1.7x larger qoq.
