Polymetal IFRS net profit jumps 46% to $175 mln in Jan–Jun

MOSCOW, Aug 21 (PRIME) -- The net profit of Russian gold producer Polymetal International jumped 46% on the year to U.S. $175 million in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Tuesday.

The adjusted net profit rose 32% to $155 million.

Revenue grew 16% on the year to $789 million in the period. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased 19% to $305 million, and the adjusted EBITDA margin went up to 39% from 38%.

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

http://www.polymetalinternational.com/en/investors-and-media/news/press-releases/21-08-2018-a/

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