Rusagro says January–September IFRS net profit plummets by 96.2%

MOSCOW, Nov 14 (PRIME) -- The net profit of agricultural holding Rusagro, one of Russia’s top producers of pork, sugar and fat and oil products, dove by 96.2% on the year to 1.34 billion rubles in January–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Monday.

Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 20% to 35.371 billion rubles.

(60.2179 rubles – U.S. $1)

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