In January-June Rusal net profit dropped by 70.3% YoY, to $261 million from $879 million.

According to the company statement, its EBITDA decreased 2 times YoY, to $656 million from $1.28 billion. The company revenues dropped by 18% YoY, to $3.89 billion from $4.75 billion.

As of June 30, Rusal net debt stood at $8.32 billion as opposed to $8.37 billion in late 2015.

The company names the LME aluminum 13.6% price drop among the reasons for the worsening of its financial indexes. (Ukrainian metal)

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