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03.09.2010 Evraz discloses $270 m of IAS net loss 1st halfyear


The losses resulted from the reappraisal of assets and machinery ($416 m) and one-time transactions ($138 m). The previous 1st halfyear brought $999 m of net loss.

The company revenue rose by 38 per cent amounting to $6.379 bn, EBITDA reaching $1.154 bn (x2.47 against 1st halfyear of 2009).

Costs of products sold totaled $5.075 bn, its growth stemming from the rise of raw materials and transport prices, as well as staff costs


Source:   metcoal.ru