Last year was not easy for KUZBASSKAYA OF COAL SECTOR
Net income Kuzbass Fuel Company in the past year decreased by ten percent due to lower revenues from export sales of coal, and has made 1,810 billion rubles.
Revenue last year fell to 23.104 billion rubles. due to lower sales in the segment of export sales of coal produced.
At the end of last year, operating cash flow rose to 2.332 billion rubles. Investment cash flow increased to 3.944 billion rubles. Construction of the processing plant Cascade `2`, the construction of fuel storage, the expansion of the retail network and investments in railway infrastructure were key investment projects in 2012.
Net cash inflow rose to 2.125 billion rubles.
The company will finish the second enrichment plant Cascade `2` to `cut` Vinogradovsky. Its capacity is 4,000,000 tons per year. Today the factory is under construction.
Today, fifteen ways to operate locomotives that serve more than 700 cars per day. The station transmits up to 16.7 million tons per year.
Department carries out an ambitious program to reduce costs, affecting all kinds of inputs and services. Tracked changes in prices in the world markets, which are in the final year at a level below the average, and does not expect the price of thermal coal in Q2 and Q3 2013. Price trends of past periods give hope to rise in the medium term.
