ALROSA IFRS net profit falls 31% to 63 bln rbl in 2019

MOSCOW, Mar 10 (PRIME) -- The net profit of Russian diamond mining giant ALROSA fell 30.6% to 62.73 billion rubles in 2019, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on Tuesday.

Revenue fell 21% to 238 billion rubles. Earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased 31% to 107 billion rubles.

For further details, see the company’s statement on its official website:

http://eng.alrosa.ru/alrosa-q4-and-12m-2019-ifrs-results/

(67.5175 – U.S. $1)

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