In January-June Seligdar received 759.9 million rubles of net losses, up from 283.3 million rubles in H1 2017.
At the same time the company revenue grew 1.6-fold, to 3.808 billion rubles.
Gold sales accounted for 2.9 billion rubles, while tin and tungsten – for 270.8 million rubles. Other services (ore mining) accounted for 552.7 million rubles.
Gross profit totaled 1.5 billion rubles, up 2.1-fold YoY
This year Seligdar intends to receive $240-270 million from the sale of gold, the output of which is expected to amount to 6.1 tons. (Ukrainian metal)
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