MOSCOW, Nov 23 (PRIME) -- The net profit of Russian metals holding Metalloinvest halved to U.S. $222 million in July–September on the year, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Monday.
Revenue decreased by 14.2% on the year to $1.497 billion in the period, while earnings before interest, taxes, depreciation, and amortization (EBITDA) contracted by 18.6% to $573 million. The EBITDA margin decreased to 38.3% from 40.4%.
For further details, see the company’s statement on its official website:
https://www.metalloinvest.com/en/media/press-releases/492620/
(76.0120 rubles – U.S. $1)
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