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Ostrava steelmaker posts profit of 32 billion crowns in 2017

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The Czech Republic’s biggest steelmaker, ArcelorMittal Ostrava, has posted a profit of 3.2 billion crowns in 2017. It is an increase by 1.9 billion crowns on the previous year. The results were mostly affected by higher financial yields due to the sale of share in daughter companies, the company’s spokeswoman Barbora Černá Dvořáková told the Czech News Agency on Monday.

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