Raspadskaya IFRS net profit rises 34% to $225 mln 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

Raspadskaya IFRS net profit rises 34% to $225 mln in Jan–Jun

MOSCOW, Aug 24 (PRIME) -- The net profit of Russian coal producer Raspadskaya rose 34% on the year to U.S. $225 million in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on Friday.

Revenue went up 23% on the year to $542 million in the period, and gross profit grew 27% to $306 million.

Earnings before interest, taxes, depreciation, and amortization (EBITDA), increased by 29% to $303 million, with the EBITDA margin rising to 55.9% from 53.5%.

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

http://www.raspadskaya.com/docs/RASP_MDA_H1%202018_EN_final.pdf

End

24.08.2018 08:53