In January-June Petropavlovsk received 1.4 billion rubles ($24.5 million) of net profits, up 2.7-fold.
Revenue increased by 19.7%, to 17.38 billion rubles ($304 million).
EBITDA grew by 30% YoY, to 6.52 billion rubles ($114 million), despite the strengthening of the ruble, which increases Russian gold miners’ expenses when converting to dollars.
Gold output in H1 increased by 18.8%, to 232.4 thousand ounces. (Ukrainian metal)
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