Mechel IFRS net profit soars to 6.3 bln rbl in JulSep - Metals & Mining - 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

Mechel IFRS net profit soars to 6.3 bln rbl in JulSep

MOSCOW, Nov 27 (PRIME) -- The net profit attributable to shareholders of Russian metals and mining group Mechel soared on the quarter to 6.304 billion rubles in JulySeptember, as calculated under International Financial Reporting Standards (IFRS), the company said on Tuesday.

Revenue fell 3% to 79.965 billion rubles, while earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased 17% to 19.206 billion rubles.

In JanuarySeptember, Mechels profit attributable to shareholders fell 1% on the year to 10.997 billion rubles. The groups entire profit remained almost flat at 11.93 billion rubles. Revenue rose 6% to 237.003 billion rubles, and adjusted EBITDA increased 3% to 60.646 billion rubles.

Net debt decreased 0.6% in JanuarySeptember to 464.179 billion rubles as of September 30.

For further details, please, see the companys statement on its official website:

http://www.mechel.com/doc/doc.asp?obj=122394

(66.5072 rubles U.S. $1)

End

27.11.2018 12:42
 
 
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