Raspadskaya Coal Company (Raspadskaya), one of the largest coking coal producers in Russia, has announced its financial results for the first half of the current year.
Accordingly, Raspadskaya's recorded a net loss of RUB 2.741 billion ($83.017 million) in the first half this year, up 3.7 times compared to the same period last year. In the first half of the current year, the company's sales revenues decreased by 1.2 times year on year to RUB 1.762 billion ($53.366 million).
Source:
http://www.steelorbis.com/steel-news/latest-news/raspadskaya-posts-net-loss-for-h1-777127.htm
