The net profit of the Russian gold producer Polymetal International jumped by 46% YoY, to $175 million in January-June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on August 21.
The adjusted net profit rose by 32%, to $155 million.
Revenue grew by 16%, to $789 million in the period. Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) increased by 19%, to $305 million, and the adjusted EBITDA margin went up to 39% from 38%. (Prime/Ukrainian metal)