BCN-22Rusal’s adjusted net profit in 2Q down by 31% quarter-on-quarter to $218 mln

263

ZCZC

BCN-22

RUSSIA-ALUMINUM-RUSAL-EARNING

Rusal’s adjusted net profit in 2Q down by 31% quarter-on-quarter to $218
mln

MOSCOW, August 6. 2018 (BSS/TASS) – Adjusted net profit of Russian
aluminum producer Rusal in the second quarter of 2018 decreased 31% in
comparison with the first quarter and amounted to $218 mln, the company said
in its interim report.

In comparison with the second quarter of 2017, the adjusted net profit
grew by 8%.

n January-June, the company’s adjusted net profit rose by 15% to $535 mln.

In the second quarter, revenues decreased by 18% quarter-on quarter to $
2.25 bln. In comparison with the second quarter of 2017, this indicator
decreased by 8.7%.

In January-June, the company’s revenues increased by 4% to $4.99 bln.

The company’s board of directors did not recommend paying dividends for
the first half of the year.

BSS/TASS/HR/1235