In 2015 "Polyus Gold" makes $ 1.1 billion profit in accordance with IFRS.
Edited by Rhod Mackenzie / 2016-03-10 08:19:44
Finance Metals and mining Russia Russia mineral extraction Dividends Financial results Russia Metals and Mining Polyus Gold Gold
In 2015 the net profit of OJSC "Polyus Gold" in accordance with IFRS amounted to 1.119 billion dollars, against a loss of 182 million dollars a year earlier, the company informs.
Within a year the adjusted net income increased by 47% to 901 million dollars.
Revenue decreased by 2% to 2.189 billion dollars due to the decrease in world gold prices, the adjusted EBITDA grew by 25% to 1.268 billion dollars due to measures to reduce costs and higher sales.
