Net profit "UMMC - Nikolaev" — 10,4 million hryvnias

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JSC UMMC — Nikolaev entering into JSC Ukrainskaya gorno-metallurgicheskaya kompaniya (UMMC, Kiev), following the results of 2008 got net profit of 10,410 million UAH while following the results of previous year this indicator made 0,892 million UAH

As it is reported in the official information of joint stock company published to general meeting of shareholders appointed to March 18 of the company, the retained earnings of the enterprise following the results of last year made 19,327 million UAH

Thus total receivables increased by 3,5 times - to 19,624 million UAH, long-term obligations made 1,542 million UAH (in 2007 they were absent), flowing - increased by 18,9%, to 32,295 million UAH

The cost of assets of joint stock company increased by 45,2% - to 54,662 million UAH

As it was reported, UMMC at the beginning of September, 2008 increased the equity stake "UMMC - Nikolaev" from 78,136% to 98,136%.

UMMC carries out process of reorganization of the companies and the divisions which are separate legal entities, to branches.

UMMC created in 1998 as by open company and reorganized in November, 2007 into joint stock company, is one of the largest metaltraders of Ukraine. The constant volume of stocks of metal rolling on platforms of a network of UMMC makes about 100 thousand tons. UMMC has the most developed network of own regional enterprises - now in Ukraine 37 trading floors work.


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