Acron IFRS net profit dives 74% to 19 bln rbl in January–June

MOSCOW, Aug 28 (PRIME) -- The net profit of Russian fertilizer producer Acron plunged about 74% on the year to 19.043 billion ruble in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Monday.

Revenue fell about 41% to 87.957 billion rubles. Earnings before interest, taxes, depreciation, and amortization (EBITDA) fell about 54% to 36.783 billion rubles.

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

https://www.acron.ru/en/press-center/press-releases/201005/

(94.7117 rubles – U.S. $1)

End