Polyus Gold in the first half reduced net profit under IFRS 15.3%



Russian gold mining company Polyus Gold in January-June 2016 compared with the previous year reduced net profit under IFRS 15.3% to $ 494 million. It is reported by the company.

At the same time, the company’s revenue for the reporting period increased by 6.9% and amounted to 1.08 billion dollars.

Sales of Polyus Gold grew by 7% to 1.07 billion.

Operating profit of Polyus Gold grew by 15.6% to 614 million dollars. The cash flow of the company rose 0.8 percent to 604 million dollars. Joint-stock company’s revenues increased from $ 18. to us $ 19. per share.




Polyus Gold in the first half reduced net profit under IFRS 15.3% 31.08.2016

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