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GISMETEO.RU
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Business    

Metinvest B.V. reports loss narrows to $194-mln in 2023 as war rages on
Journal Staff Report

KYIV, March 18 – Consolidated net loss of Metinvest B.V., the parent company of the mining and metallurgical group Metinvest, reached $194 million in 2023, while in 2022 it was $2.193 billion (a 91% decrease).

According to the group's annual report, its revenue fell by 11%, from $8.288 billion to $7.397 billion in 2022, and EBITDA by 54%, to $861 from $1.873 billion.

The revenue of the metallurgical sector dropped by 15.2%, to $4.846 billion, the mining segment by 0.8%, to $2.551 billion.




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