KIEV, Feb. 14 – Dnipropetrovsk region steelmaker ArcelorMittal Kryviy Rih posted UAH 1.2 billion in net profit in 2010, whereas the company was in the red in 2009 with net losses estimated at UAH 120 million.

The company's gross profit amounted to UAH 4.43 billion, which was 147% growth from 2009, according to materials prepared for a press conference given by ArcelorMittal Kryviy Rih Director General Rinat Starkov.

The company's net revenues in 2010 totaled UAH 23.48 billion, which was 63% up on 2009. Its capital investment rose to UAH 1.738 billion.