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Consolidated net profit of the RCC Group's production enterprises in 2016 totalled 15.9 billion rubles

Russian Copper Company's enterprises have reported their 2016 net profit: the RCC Group's main plants in Russia and Kazakhstan ended the reporting period with a profit.

The net profit of Russian Copper Company in 2016 totalled 3,957,059,000 rubles. Among the key enterprises of the RCC Group, the highest results were shown by Mikheevsky Ore Mining and Processing Plant (Varnensky District, Chelyabinsk Region): its net profit amounted to 3,874,607,000 rubles (hereinafter, according to data calculated by national accounting standards). The net profit of the flagship enterprise of the Kazakhstan division of RCC– Aktubinsk Copper Company (Aktobe Region, Republic of Kazakhstan) totalled 3,340,025,000 rubles in 2016.

Net profit of Karabashmed (Karabash, Chelyabinsk Region) amounted to 2,522,682,000 rubles in 2016. For Kyshtym Copper-Electrolytic Plant (Kyshtym, Chelyabinsk Region) this figure was 1,340,025,000 rubles. Net profit of Alexandrinskaya Mining Company (Nagaybaksky District, Chelyabinsk Region) in 2016 totalled 619,988,000 rubles. At Novgorod Metallurgical Plant, net profit in 2016 amounted to 147,735,000 rubles.

In 2016, the RCC Group's main enterprises operated with a high workload and reached output targets. Increased output of RCC's principal products was boosted by larger volumes of processing of the company's own mineral raw materials and, consequently, a higher capacity utilization at the Group's enterprises.

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