Russia’s Chelyabinsk Zinc Plant IFRS net profit jumps 59% in 2015

MOSCOW, Apr 29 (PRIME) -- The net profit of Russia’s Chelyabinsk Zinc Plant jumped 59% on the year to 3.750 billion rubles in 2015, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement Friday.

Revenue soared 45% on the year to 24.013 billion rubles in 2015.

Gross profit rose 26% to 5.945 billion rubles, and pretax profit surged 65% to 4.886 billion rubles.

Earnings before interest, taxes, depreciation and amortization (EBITDA) went up 25% to 4.789 billion rubles, but EBITDA margin stood at 20% in 2015 against 23% in 2014.

For further details, please, see the company’s statement on its official Web site:

http://en.zinc.ru/press/press_221.html

(65.1133 rubles – U.S. $1)

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