SIJ Reports 17.7% Drop in H1 Profit to EUR 15.5M

Ljubljana, 31 August - The Russian-owned SIJ steel group Monday reported a 3.3% year-on-year fall in net sales revenue to EUR 364.7m for the six months and a 17.7% drop in net profit to EUR 15.5m. SIJ moreover confirmed it is biding to take over steel producer Litostroj Jeklo and defence contractor Sistemska tehnika.