In 2012 Petropavlovsk made a net loss of $243.9 mln
Edited by Rhod Mackenzie / 2013-03-29 05:51:50
Petropavlovsk GC / Petropavlovsk Plc / - the 2nd by the gold extraction volumes in Russia – on the results of 2012 made a net loss of $243.9 mln against $240.5 mln in 2011 under IAS.
The loss in 2012 is connected with the charge-off of $336.4 mln due to the devaluation of assets – mainly, the iron ore affiliate IRC.
The net profit, referred to the shareholders of Petropavlovsk Plc, without the charge-off fell 57% to $98.8 mln.
