Metallurgical plant Azovstal of Metinvest group in the period January to June 2015 received 351,748 mln. net profit, exceeding the previous year's level by 4.2 times.
During the reporting period, the plant increased by 33 percent net income, which reached 14,267 bln. and retained earnings at 30 June 2015 amounted to more than 4,160 billion.
In the first quarter, Azovstal reported net profit of about 952,776 million. on the background of the net loss in 317,703 mln. in the first quarter of 2014. However, in 2014, the plant reached a net profit in the amount of 915,891 million UAH. and 2013 ended with a net loss of over 2,513 billion.
By the end of 2014 Меtinvest International S. A. (Switzerland) belongs 21,5595 percent of the shares of the metallurgical plant, Metinvest B. V. (the Netherlands) – 74,54305 percent.
The main shareholders of Metinvest group are SCM group Rinat Akhmetov (71,24%) and Smart holding of Vadim Novinsky (from 23.76 percent), partnering in company's management.