Public Joint Stock Company Interpipe Nizhnedneprovsky Pipe Rolling Plant (Interpipe NTRZ) reported a consolidated net profit of 1,183.32 million UAH from January to September 2023, this is reported by the railway transport news portal Railway Supply.

Interpipe

In the same period the previous year, the company ended with a net loss of 1,933.986 million UAH.

According to the interim report on consolidated financial results for January-September 2023, the company increased its net income by 65.4% during this period, reaching 8,685.827 million UAH.

The undistributed consolidated profit by the end of September 2023 amounted to 4,257.767 million UAH.

As reported earlier, due to a border blockade in November, Interpipe incurred a loss of 1.2 million dollars.

About the company:

INTERPIPE is a Ukrainian industrial company specializing in the production of steel pipes and railway products. The company’s products are distributed to over 80 countries worldwide through a network of trading offices located in key markets in the Middle East, North America, and Europe. In 2022, INTERPIPE sold 384 thousand tons of pipe products and 87 thousand tons of railway products. Railway products are sold under the KLW brand.

INTERPIPE employs 10,000 staff. In 2022, the company contributed UAH 2.8 billion to budgets at all levels.

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