KYIV, March 27 – Ukraine’s largest steel maker ArcelorMittal Kryvyi Rih reported a net profit of UAH 5.062 billion in 2017, up from UAH 2.704 billion in 2016.
According to the company's announcement of an annual shareholders' meeting scheduled for April 26, retained earnings by the end of the year amounted to UAH 32.980 billion.
Over the past year, ArcelorMittal Kryvyi Rih increased current liabilities by 23.1%, to UAH 17.044 billion, but reduced long-term liabilities by 2.1%, to UAH 6.791 billion.
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