MOSCOW, Feb 18 (PRIME) -- The net profit of Russian titanium producer VSMPO-Avisma sank by 58.3% on the year to 9.529 billion rubles in 2020, as calculated under Russian Accounting Standards (RAS), the company said in a statement on Thursday.
Revenue went down by 13.3% to 78.119 billion rubles. Earnings before interest, taxes, depreciation and amortization (EBITDA) halved to 17.655 billion rubles.
The gross profit decreased by 3% to 31.523 billion rubles, the pretax profit fell by 58.3% to 12.136 billion rubles.
(73.7669 rubles – U.S. $1)
End
|
|
