Lenzoloto IFRS net loss triples to 1.1 bln rbl in Jan-Jun - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

Lenzoloto IFRS net loss triples to 1.1 bln rbl in Jan-Jun

MOSCOW, Aug 24 (PRIME) -- The net loss of Russian gold producer Lenzoloto tripled to 1.072 billion rubles in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

The pre-tax loss also tripled to 1.091 billion rubles, income from sales fell 17.5% to 2.396 billion rubles, including income from gold sales declining 17.8% to 2.252 billion rubles. The gross profit dropped 41% to 834 million rubles.

Liabilities doubled in the period to 4.035 billion rubles as of June 30.

(59.1312 rubles – U.S. $1)

End

24.08.2017 13:57