The net profit of Russian gold producer Polyus plummeted by about 60% YoY, to 29.266 billion rubles in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on February 11.

Revenue rose by 16.4% YoY, to 184.692 billion rubles in 2018.

Gross profit gained 17%, to 117.347 billion rubles, and operating profit went up by 14.1%, to 96.601 billion rubles. (Prime/Ukrainian metal)

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