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  3. Russian steel giant Severstal has reported a 370 fold drop in profit to 57 million rubles, with revenue down 18 percent and EBITDA down 54 percent.

Russian steel giant Severstal has reported a 370 fold drop in profit to 57 million rubles, with revenue down 18 percent and EBITDA down 54 percent.

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  • noelreports@mstdn.socialN This user is from outside of this forum
    noelreports@mstdn.socialN This user is from outside of this forum
    noelreports@mstdn.social
    wrote last edited by
    #1

    Russian steel giant Severstal has reported a 370 fold drop in profit to 57 million rubles, with revenue down 18 percent and EBITDA down 54 percent. Cash reserves fell 96 percent while negative cash flow widened, signaling a deepening crisis across Russia’s steel sector. #Russia

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    kcarruthers@infosec.exchangeK c_chep@piaille.frC 2 Replies Last reply
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    • noelreports@mstdn.socialN noelreports@mstdn.social

      Russian steel giant Severstal has reported a 370 fold drop in profit to 57 million rubles, with revenue down 18 percent and EBITDA down 54 percent. Cash reserves fell 96 percent while negative cash flow widened, signaling a deepening crisis across Russia’s steel sector. #Russia

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      kcarruthers@infosec.exchangeK This user is from outside of this forum
      kcarruthers@infosec.exchangeK This user is from outside of this forum
      kcarruthers@infosec.exchange
      wrote last edited by
      #2

      @noelreports how glorious

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      • noelreports@mstdn.socialN noelreports@mstdn.social

        Russian steel giant Severstal has reported a 370 fold drop in profit to 57 million rubles, with revenue down 18 percent and EBITDA down 54 percent. Cash reserves fell 96 percent while negative cash flow widened, signaling a deepening crisis across Russia’s steel sector. #Russia

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        c_chep@piaille.frC This user is from outside of this forum
        c_chep@piaille.frC This user is from outside of this forum
        c_chep@piaille.fr
        wrote last edited by
        #3

        @noelreports 98 million rubles, at today's rate, is how many bodies sent towards the zero line?

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