In January-March Poluys increased gold output by 13% YoY, to 507 thousand ounces.
At the same time the output dropped from 580 thousand ounces in October-December 2017 due to the decrease in alluvial manufacture.
Ore output reached 8.821 million tons, down by 12% QoQ, but up by 2% YoY.
Sales revenue totaled $608 million, down by 17% QoQ, but up by 1% YoY.
The company net debt as of late March was $3.079 billion as opposed to $3.077 billion in late Q4 2017 and $3.128 billion in late Q1 2017.
The company intends to obtain 2.375-2.425 million ounces of gold this year. (Ukrainian metal)