Iskitimcement of the Novosibirsk Region showed revenue growth of 5.5 % YoY up to 4.342 billion rubles. Net profit over the period of 12 months amounted to 384.2 million rubles, while 2018 ended with a net loss of 374.2 million. As per Iskitimcement reports, the main contribution to net profit comes from “Other income” category, which increased six times, up to 2.6 billion rubles.
In 2019, the plant produced 981,000 tons of cement and sold 985,000 tons representing a slight decline of 3.7 % and 2.5 % YoY respectively.
The plant invested 57 million rubles in environmental modernization: the installation of new bag filters, the repairs of gas purifiers. Iskitimcement also plans replacing old dust filters with electric precipitators by 2024.
Iskitimcement is one of the largest cement producers in Siberia with a design capacity of 2.1 million tpa. The main shareholder of the plant is ‘Sibirsky Cement’ holding company.
