Mechel reduced its net loss under RAS by 4 times to 7.87 bln roubles in 2016, is said in the company’s RAS report. The net loss on the results of 2015 made up 31.9 bln roubles.
The company’s revenue amounted to 12.6 bln roubles having fallen by 2.2 times. On the results of 2015 it made up 5.7 bln roubles.
Sales profitability grew by 2.6 times to 10.938 bln roubles against 4.188 bln roubles.