Interpipe NMPP doubled its net sales in 2021

The company's net sales increased by 43.6% last year

In 2021, Interpipe Novomoskovsk Pipe Plant (Interpipe NMPP) increased its net sales by 2.2 times compared to 2020 – up to UAH 175.72 million. This is stated in the annual report on the company’s website.

According to the results of last year, the pipe company Interpipe increased its net sales by 43.6% compared to 2020 – up to UAH 3.87 billion. Undivided sales at the end of 2021 amounted to UAH 514.6 million.

Current liabilities of Interpipe NMTZ in 2021 increased by 17.9% compared to 2020 – up to UAH 961.1 million. Long-term liabilities for the year amounted to UAH 973.3 million – 4.6% more year-on-year.

In 2021, the company’s assets increased by 29.5% – up to UAH 2.94 billion. Fixed assets increased by 2.1 times – up to UAH 644.7 million.

As GMK Center reported earlier, in 2020 Interpipe NMPP received UAH 80.92 million in net sales against UAH 43.74 million in net loss in 2019. The company’s undivided sales at the end of 2020 amounted to UAH 313.5 million.

Interpipe NMPP produces welded steel pipes. Its main products are small-diameter welded pipes for general use, medium-diameter pipes for oil pipelines. The company also provides pipe polymer coating services. Its main supplier of raw materials (strips) is Zaporizhstal.