The Ukrainian Metal

Russia: Susumanzoloto net profit down in 2017

In 2017 Susumanzoloto received 1.8 billion rubles of net profit, down by 18% YoY.

The company revenue grew by 31%, to 13.39 billion rubles. Gold sales revenue totaled 13.27 billion rubles, also up by 31%.

Last year the company acquired three enterprises – Nedra LLC for 71.5 million rubles, Sever LLC for 705 million rubles and Noviy Put LLC for 239 million rubles.

In 2017 Susumanzoloto increased gold mining by 13.5% YoY. (Ukrainian metal)

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