NLMK's net profit for 9 months was $ 1.106 billion

Dec. 20, 2010 - In January-September 2010, OAO Novolipetsk Steel (NLMK) has received $ 1.106 billion net profit for the US GAAP, compared with $ 79.123 million net loss for the same period last year. It is said in a statement.
NLMK's revenue grew over 9 months on 40,7% - to $ 6.085 billion (9 months 2009 - $ 4.325 billion).
Gross profit for the three quarters increased by 1,7 times - to $ 2.270 billion.
Operating profit for January-September increased by 2,7 times - to $ 1.460 billion pretax profit reached 1.402 billion, jumped to 4.7 times compared to last year.