Norilsk says IFRS net profit falls 16% to $2.1 bln in 2017
MOSCOW, Mar 6 (PRIME) -- The net profit of Russian metals giant Norilsk Nickel fell 16% to U.S. $2.123 billion in 2017, as calculated under International Financial Reporting Standards (IFRS), the company said on Tuesday.
Revenue increased 11% to $9.146 billion, while earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 2% to $3.995 billion.
In ruble terms, the companyТs net profit fell 24% to 127.4 billion rubles, revenue decreased 2.2% to 536.8 billion rubles, gross profit went down 1.3% to 268.6 billion rubles, and operating profit dropped 14% to 185.6 billion rubles.
For further details, please, see the companyТs report on its official website:
(57.1000 rubles Ц U.S. $1)