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TMK announces about decreased RAS net profit for 6 months of 2021, down 76.8% YoY. Total revenue’s increase is 31.05%

July 30, 2021 Cbonds
TMK publishes the financial statements for 6 months of 2021 prepared according to the Russian accounting standards (RAS).

TMK revenue for 6 months of 2021 is equal to RUB 127.92 billion, while for 6 months of 2020 it amounted to RUB 97.61 billion.

Net profit in the reference period amounted to RUB 4.72 billion compared to RUB 20.33 billion for 6 months of 2020.

According to the accounting statements of TMK, total assets’ increase is 43.37% YoY. Non-current assets of TMK are equal to RUB 202.99 billion. Current assets increased by 13.82% to RUB 247.61 billion. Capital and reserves decreased by 21.06% to RUB 45.56 billion.

Long-term liabilities’ increase is 70.37% YoY. Current liabilities’ increase is 47.89% YoY.
Company — TMK
  • Full name
    PJSC TMK
  • Registration country
    Russia
  • Industry
    Ferrous metals