The net profit of the Russian aluminum giant UC RUSAL fell by 47.4% YoY, to $819 million in January-September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on November 8.
The adjusted net loss amounted to $132 million after an adjusted net profit of $873 million a year ago.
Revenue fell by 8.8%, to $7.222 billion.
Adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) more than halved to $765 million. (Prime/Ukrainian metal)