Recently, Russian steel pipe maker TMK announced its financial result for 2012.
TMK posted a net profit of US$282 million for 2012, falling by 27% year on year.
In 2012, the company realized sales revenues of US$6.688 million, decreasing by 1% year on year.
Meanwhile, TMK posted adjusted EBITDA of US$1.040 billion for 2012, falling from US$1.050 billion for 2011.
Source:
http://www.yieh.com/2.2.01.01stainlesssteelnews.aspx?no=63332&division=A6
