ALROSA IFRS net profit rises 15% to 90.4 bln rbl in 2018

MOSCOW, Mar 15 (PRIME) -- The net profit of Russian uncut diamond giant ALROSA rose 15% to 90.404 billion rubles in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said on Friday.

Sales revenue rose 8.9% to 293.87 billion rubles, while earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 23% to 156 billion rubles.

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

http://www.alrosa.ru/wp-content/uploads/2019/03/MDA-IR-release-12%D0%9C-2018-ENG1.pdf

(65.4021 rubles – U.S. $1)

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