Ukrainian Interpipe's net profit increased in the January-September period of last year

Interpipe, a Ukrainian industrial company, has announced its financial performance in the first nine months of 2022.  Due to the Russia-Ukraine war, sales revenue down by 9.2% y-o-y to approximately USD 687 million. Meanwhile, its net profit increased nearly sixfold annually to US$186 million.

Operating margin during this period reached approximately USD 252 million, an increase of 233% y-o-y. In addition, pre-tax profit, tax, depreciation and taxes (EBITDA) decreased by 18.4% year-on-year to $123 million.