The net profit of the Russian metals giant Norilsk Nickel soared by 80% YoY, to $1.653 billion in January-June, as calculated under International Financial Reporting Standards (IFRS).
Revenue increased by 37%, to $5.834 billion, while earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 77%, to $3.079 billion.
Net working capital fell by 20%, to $1.719 billion, while free cash flow jumped to $2.6 billion. (Prime/Ukrainian metal)