Lysva Steel Works raised net profit in 1H of 2010

Lysva Steel Works part of Unsayur Group raised net profit to 54.3M roubles in 1H of 2010 which is by 14.6 more as compared to the corresponding period of 2009. It has become possible mainly due to fulfilling of a number of measures aimed at reducing expenses and focusing on manufacte of high value added products.

Reportedly, the gain of Lysva Steel Works dropped by 20.6% to 639.5M roubles in January – June 2010. This was caused by suspension of sales of cookers and supplies of materials for their production.