RUSAL's 2018 Net Profit Increased 39% To 1.698 Billion US Dollars

- Mar 07, 2019-

SMM News: RUSAL announced its 2018 results, revenue increased by 3.1% to US$10.28 billion; net profit was US$1.698 billion, up 39% year-on-year; recurring net profit was US$1.695 billion, up 7.8% year-on-year; adjusted net profit was US$856 million , a year-on-year decrease of 20.5%; basic and diluted earnings per share of $0.112, no dividends. During the period, the total aluminum production was 3.753 million tons, an increase of 1.2% year-on-year. The dynamic value of total production remained roughly stable, with a capacity utilization rate of 96%. In addition, the US Treasury Department's Office of Foreign Asset Management has already owned the company and En+ Group Ltd. Excluded from the list of specially designated nationals of OFAC.