In 2013, Polymetal made the adjusted profit in the amount of $117 million
Edited by Rhod Mackenzie / 2014-03-31 01:59:42
On the results of 2013, Polymetal made the adjusted profit under IAS in the amount of $117 million that is by 73% less than in 2012, the company reports.
Last year, the net loss made up $198 million against $428 million of the net loss in 2012. The company ties the negative result with lower rate of EBITDA, which is caused by decrease in prices, negative unrealized foreign exchange rate differences and non-cash expenses from depreciation.
