Financial results

Novolipetsk Steel's net profit under IFRS for the 6 months of 2020 amounted to ₽25.513 bln, which is 2 times lower than the profit of ₽51.784 bln in the previous year. Revenues decreased by 13.6% to ₽319.847 bln against ₽369.997 bln a year earlier.