Rusagro IFRS net profit plummets 50% to 3.79 bln rbl in Jul–Sep

MOSCOW, Nov 18 (PRIME) -- The net profit of Russian agricultural holding Rusagro plummeted by 50% on the year to 3.792 billion rubles in July–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Monday.

Revenue of the company jumped 74% on the year to 33.754 billion rubles in the period, while adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) shrank by 1% to 4.41 billion rubles.

(63.8811 rubles – U.S. $1)

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