In 2018 Nordgold net profit decreased by 45% YoY, to $91.9 million.
EBITDA dropped by 10%, to $470.2 million.
Revenue fell by 6%, to $1.143 billion.
In Q4 2018 the company had a net loss of $17.3 million against $17.3 million of profit in Q3. EBITDA went up by 26%, to $124.7 million, and revenue grew by 6%, to $285.3 million.
Net debt increased by 7%, and as of December 31, 2018 totaled $917.2 million.
The board of directors approved paying interim dividends of $4.3 million for Q4 2018. The combined amount of dividends for 2018 equals $34.4 million.
Gold manufacture dropped by 6%, to 907 thousand ounces.
In Q4 2018 gold output grew by 3% QoQ, to 233.8 thousand ounces. (Ukrainian metal)