(In paragraphs 1, 2 corrects to quarter-on-quarter from year-on-year)
MOSCOW, Oct 27 (Reuters) - NLMK, one of Russia’s largest steel producers, said on Friday its third-quarter net income rose 4 percent quarter-on-quarter to $357 million.
NLMK said its earnings before interest, taxation, depreciation and amortisation (EBITDA) rose 7 percent quarter-on-quarter to $648 million, beating an average estimate of analysts polled by Reuters, who had forecast core earnings at $636 million.
NLMK’s revenue inched 0.3 percent higher to $2.55 billion in the third quarter. (Reporting by Diana Asonova; Writing by Andrey Ostroukh; Editing by Jack Stubbs)