Rus News Journal

Net profit Severstal Open Society Net profit " has grown to $999 million

; Severstal under the international standards of the financial reporting (MSFO) in I half-year 2007. Has grown in 2,3 times - to 999 million dollars in comparison with 426 million dollars received for the similar period on year before.
As the company gain for first half 2007 is informed in the materials of the company published on Monday. Has grown on 31,1 % and has made 7,71 mlrd dollars against 5,88 mlrd dollars year before. Profit EBITDA for the accounting period has made 2,09 mlrd dollars that on 60,7 % more than a similar indicator for the first half of the year 2006., fixed at level 1,3 mlrd dollars
Operational profit for I half-year 2007. Has increased by 81 % - to 1,48 mlrd dollars against 820 million dollars year before.
Open Society Severstal - vertically integrated manufacturer of a steel. Capacities of the company settle down in Russia, Europe and the USA. Net profit on MSFO in I quarter 2007. Has grown on 82,5 % - to 396 million dollars against 217 million dollars for the similar period year before. A gain Severstal for the specified period has increased by 34,9 % - to 3 mlrd 677 million dollars against 2 mlrd 725 million dollars in I quarter 2006.