Krastsvetmet Reports Performance Indicators for 9 Months of 2014
OREANDA-NEWS. Krastsvetmet's revenue for 9 months of 2014 increase outperformed 9 months of 2013 by 159%, reaching 50 billion rubles. As a result of operations, the Company's net income increase outperformed 9 months of 2013 by 53% and amounted to 3.5 billion rubles.
The Company's Refinery Division produced 92 tons of PGM, 136 tons of gold and 441 tons of silver. The Division's income increase outperformed 9 months of 2013 by 182%. The Division's revenue amounted to 40.4 billion rubles.
The Jewelry Division produced 9.7 tons of gold jewelry and 1.3 tons of silver jewelry. Revenue growth accounted for 140%, reaching 8 billion rubles.
The Industrial Applications Division produced 3.4 tons of PGM products, 4.7 tons of silver products. The Division's revenue increase outperformed 9 months of 2013 by 3% and amounted to 1.5 billion rubles.
Over the 9 months of 2014 the Company allocated 887 million rubles (+43%) to investment projects.
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