NLMK’s revenue in 2023 grew to 698.9 billion rubles – Kommersant
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Revenue of Novolipetsk Iron and Steel Works (NLMK (MOEX: NLMK)) at the end of 2023 increased by 5.5%, to 698.9 billion rubles. The company’s net profit increased by 15.5%, to 221.4 billion rubles, according to NLMK’s financial statements for 2023 (.pdf).
NLMK’s sales profit in 2023 amounted to RUB 127.8 billion. compared to RUB 27.6 billion. for 2022. Profit before tax exceeded RUB 251.3 billion.
In January 2024, NLMK shareholders elected to the position of president of the company Sergei Karataev. The previous head of the company, Grigory Fedorishin, remained on the board of directors.
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