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Russian steelmaker NLMK reports Q2 net profit of $158 mln
August 7, 2014 / 6:32 AM / in 3 years

Russian steelmaker NLMK reports Q2 net profit of $158 mln

MOSCOW, Aug 7 (Reuters) - NLMK, one of Russia’s largest steelmakers, posted on Thursday a second-quarter net profit of $158 million after $174 million in the first quarter and said it expected third-quarter financial results to be in line or marginally better.

A Reuters poll of analysts had expected the firm, controlled by businessman Vladimir Lisin, to report a net profit of $238 million. (Reporting by Polina Devitt; Editing by Maria Kiselyova)

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