In 2018 Rusal Armenal assets grew by 4% YoY, to 48.4 billion drams ($100.1 million), as opposed to the growth of 2.6% in 2017.
The growth was mostly driven by the increase of the current assets – by 12.3%, to 20.1 billion drams ($41.6 million).
Accounts receivable dropped by 90.6%, to 402.4 million drams ($0.832 million).
Current liabilities increased by 6.5%, to 34.6 billion drams ($71.5 million).
The company income decreased by 16%, to 41.8 billion drams ($86.5 million), and expenses – by 11%, to 42.2 billion drams ($87.3 million).
Net profit fell from 1.5 billion drams in 2017 to the loss of 184.3 million drams in 2018. (Ukrainian metal)