YIEH.COMRegisterForgot your ID? About Yieh Corp. Español Contact UsInquiry Now 
Search
 
Market News
Expert Article
Useful Link
Conference & Exhibition
Market News Archive
Key Word
Search By
Date
Classification
Region
Finance and economy ... more
UC Rusal’s Q1 net profits slumps by 69% q-o-q
Reportedly, UC Rusal, the world’s largest aluminum producer announced that its net profits in the first quarter of this year amounted to US$112 million, slumping by 69% from a quarter earlier.

The Q1 net profits was defined as adjusted net profits along with its effective share in Norilsk Nickel and it was above a forecast of US$106.6 million made by RIA Novosti.

However, the company’s sales revenue increased by 2.7% quarter on quarter to US$2.882 billion in the first quarter of this year.

Meanwhile, the EBITDA dropped by 38% year on year to US$237 million in the first quarter of this year. Its adjusted EBITDA margin decreased to 8.2% from 13.6%, caused by poor aluminum prices.


News Date 5/17/2012 9:40:25 AM reported by Frio Chou
Related News
No 6, E-Da Road, Yanchao Dist., Kaohsiung City, Taiwan, 82445 R.O.C. │ Tel : +886-7-615-1000 │ Fax : +886-7-615-3000
Copyright (c) 2014 Yieh Corp.. Al l rights reserved Skype to us |Privacy Policy | E-mail: ec@yieh.com