OJSC Raspadskaya reported consolidated earnings results for the year ended December 31, 2016. For the year, the company posted a net profit of $185 million to IFRS in 2016, compared to a net loss of $126 million a year earlier. Revenue grew by 18% to $466 million. Earnings before interest, tax, depreciation and amortization (EBITDA) surged 90% to $204 million and the EBITDA margin jumped to 40.6% from 25.3% in 2015. Net cash flow from operations grew to $172 million in 2016 from $104 million in 2015. The company's net debt stood at $399 million as of December 31, 2016, down from $441 million a year earlier. Capital expenditures remained flat at $38 million in 2016. Operating profit was $271 million against loss of $119 million a year ago. Profit before tax was $233 million against loss of $156 million a year ago. EBIT was $162 million against $62 million a year ago.