Recently, Russian steel pipe maker TMK announced its financial result for 2012.

TMK posted a net profit of US$282 million for 2012, falling by 27% year on year.

In 2012, the company realized sales revenues of US$6.688 million, decreasing by 1% year on year.

Meanwhile, TMK posted adjusted EBITDA of US$1.040 billion for 2012, falling from US$1.050 billion for 2011.