RUSAL IFRS net profit falls 47.4% to $819 mln in Jan–Sep
MOSCOW, Nov 8 (PRIME) -- The net profit of Russian aluminum giant UC RUSAL fell 47.4% on the year to U.S. $819 million in January–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Friday.
RUSAL’s shares fell 4.15% to 28.605 rubles as of 10:07 a.m., Moscow time, on the Moscow Exchange.
The adjusted net loss amounted to $132 million after an adjusted net profit of $873 million a year ago.
Revenue fell 8.8% to $7.222 billion.
Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) more than halved to $765 million.
For further details, please, see the company’s report on its official website: