The net profit of the Russian metals producer Norilsk Nickel increased by 30% YoY, to 48.8 billion rubles in January-March, as calculated under Russian Accounting Standards (RAS), the company said in a statement.
Revenue rose by 28%, to 120.99 billion rubles. Gross profit grew by 34%, to 75.6 billion rubles, sales profit by 36%, to 67.4 billion rubles, and pretax profit by 27%, to 61.6 billion rubles. (Prime/Ukrainian metal)