Polymetal says swings to $288 mln IFRS net loss in 2022 - 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

Polymetal says swings to $288 mln IFRS net loss in 2022

MOSCOW, Mar 16 (PRIME) -- Russian gold producer Polymetal International posted a net loss of U.S. $288 million in 2022 after a net profit of $904 million in 2021, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

Revenue decreased by 3% on the year to $2.801 billion in the period, and adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) fell by 31% to $1.017 billion.

For further details, see the company’s statement on its official website:

https://www.polymetalinternational.com/upload/ib/1/23-03-16/2023_03_16_Preliminary_results_FY2022_eng.pdf

End

16.03.2023 10:11
 
 
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