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Norilsk Nickel First-Half Net Profit Down 19 Percent
Oct. 12, 2012 09:19AM PST
Precious Metals InvestingReuters reported Norilsk Nickel (LSE:MNOD) said on Friday its first-half net profit was down 19 percent, year-on-year, to $1.48 billion.
Reuters reported Norilsk Nickel (LSE:MNOD) said on Friday its first-half net profit was down 19 percent, year-on-year, to $1.48 billion.
As quoted in the market news:
In September, Norilsk said it expected its first-half net profit to exceed $1.4 billion.
The company’s first-half revenue were also down 19 percent to $5.93 billion, while earnings before interest, taxation, depreciation and amortisation (EBITDA) decreased 33 percent to $2.49 billion, it added.