Rusal reconsiders H1 results
UC Rusal will reconsider its H1 intermediary results published on August 27th, is said in the company’s press release.
According to the data published on August 27th, Rusal didn’t manage to have consolidated intermediary financial information from Norilsk Nickel for H1. So the company assessed its stake in the profit and total revenue of the associated company based on the general information. Norilsk Nickel published the results of its activity under IAS for H1 on August 31st.
The company’s management studies the financial report of Norilsk Nickel, Rusal reports. By the preliminary information, no significant changes in the previously published report of Rusal are expected.
Rusal will make an announcement after the reconsideration of financial results for H1.