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MMK announces about increased RAS net profit for 6 months of 2021, up 427.54% YoY. Total revenue’s increase is 112.03%

July 22, 2021 Cbonds
MMK publishes the financial statements for 6 months of 2021 prepared according to the Russian accounting standards (RAS).

MMK revenue for 6 months of 2021 is equal to RUB 373.02 billion, while for 6 months of 2020 it amounted to RUB 175.92 billion.

Net profit in the reference period amounted to RUB 106.64 billion compared to RUB 20.21 billion for 6 months of 2020.

According to the accounting statements of MMK, total assets’ increase is 28.98% YoY. Non-current assets of MMK are equal to RUB 268.98 billion. Current assets increased by 64.65% to RUB 218.88 billion. Capital and reserves increased by 29.89% to RUB 321.05 billion.

Long-term liabilities’ decrease is 5.1% YoY. Current liabilities’ increase is 56.1% YoY.
Company — MMK
  • Full name
    PJSC MMK
  • Registration country
    Russia
  • Industry
    Ferrous metals