[Ferro-Alloys.com]Russia-based Chelyabink Zinc Plant reported a net profit of RUB203-million in the first nine months of 2013, or down 72% from RUB736-million in the same 2012 period. Meanwhile, revenue was up 2% in the first three quarters of 2013 to RUB9,773-million from RUB9,594-million in the same 2012 period. EBITDA was RUB957-million. During the same period, LME zinc price was down 2% from last year to $1,910 per mt. Lead, however, increased by 7% to $2,151 per mt. Revenue from zinc and zinc alloys during the nine-month period was RUB7,006-million, including RUB1,382-million from Brock Metal, and revenue from zinc tolling was RUB1,125-million. The total revenue from lead concentrate was RUB421-million, including RUB64-million from Chelyabinsk Zinc Plant and RUB356-million from Nova Zinc operations. Other revenues were RUB1,221-million.

 

The company noted that increased revenue from zinc was largely affected by domestic sales, where sales growth was 4%. Income listed as “other revenues” was down 3% in the first nine months of 2013, and the figure was largely impacted by a decrease in sulphuric acid pricing and market demand.