Russia: BrAZ profit down in H1 2018

In January-June Rusal Bratsk Aluminum Works decreased net profit 1.4-fold YoY, to 1.062 billion rubles.

According to the company statement, the revenue dropped by 0.1%, to 47.149 billion rubles.

The company does not comment on the reason of the decrease. (Ukrainian metal)

Russia: BrAZ profit down in 2017

In 2017 Bratsk Aluminum Works received 2.76 billion rubles of net profit, down by 26.2% YoY.

According to the company statement, its revenue decreased by 14.6%, to 93.97 billion rubles, while gross profit grew by 12.8%, to 9.01 billion rubles.

The company has not disclosed the reasons for the changes. (Ukrainian metal)