Profit “Rusala” in the first quarter of the year amounted to $544 million

Hong KONG /XIANGGANG/, may 11. /TASS/. The profit of the company “RUSAL” at the end of the first quarter of this year amounted to $544 million, 190,9% over the same period last year. This is stated in the report released on Friday Russia’s leading aluminium producer in the Hong Kong stock exchange.

“The company’s profit in the first quarter of 2018, totaled $544 million, compared with 187 million in the same period of 2017”, – stated in the document.

The revenue of “RUSAL” for the first three months of this year amounted to $2,744 billion (an increase of 19.5% compared to the first quarter of 2017).

Adjusted EBITDA increased by 20.4% and reached $572 million.

The aluminium production in the reporting period amounted to 931 thousand tonnes, which is 1.5% less than the previous quarter, the report said.