Krastsvetmet performance indicators for the first half of 2014
Krastsvetmet’s revenue amounted to 29.3 billion rubles, which was 215% up on 2013. As a result of operations, the Company’s net income overcame the 2013 and closed with 35% growth. It amounted to 1.7 billion rubles.
The Company’s Refinery Division produced 57 tons of PGM, 75 tons of gold and 278 tons of silver. The Division’s product revenue amounted to 23.7 billion rubles, which was 287% up on 2013.
The Jewelry Division produced 5.6 tons of gold jewelry and 0.9 tons of silver jewelry. Revenue growth accounted for 120%, reaching 4.7 billion rubles.
The Industrial Appliances Division produced 1.7 tons of PGM products, 1.6 tons of silver products. The Division’s revenue decrease receded from the 2013 first half by 8% and amounted to 869 million rubles.
Over the first half of 2014 the Company allocated 640 million rubles to investment projects.