Gornozavodsktsement reported a -9.9 per cent drop in revenues to RUB3.65bn (US$64.7m) in FY16 vs RUB4.05bn in FY15, according to Russian accounting standards.
FY16 net profit fell -45.4 per cent YoY from RUB679.3m to RUB370.8m.

MPI successfully commissions NAS Cement Line 2 with Fives Pillard
Multipower International (MPI) has successfully commissioned Line 2 at the Najmat Al Samawa (NAS...