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News

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Net profit of "Norilsk Nickel" under RAS in the 4th quarter rose to 32.4 billion rubles.

The net profit of OJSC «MMC» Norilsk Nickel «in the 4th quarter of 2009 amounted to 32 billion 390.9 million rubles. compared with 20 billion 658.96 million rubles. for the 3rd quarter of 2009. Thus, the profit for the 4th quarter increased by 56.8%. In the 4th quarter of 2008 «Norilsk Nickel» recorded a net loss of $ 33 billion 898.5 million rubles.

As the company said, earnings increased «due to the decrease in the 4th quarter of 2009, other expenses the negative revaluation of financial investments, which is determined by the market price at the end of the reporting period, compared to the same period in Q3 2009 of the year».

In the 2nd quarter, «Norilsk Nickel» was a profit of 52 billion 097.2 million rubles in the 1st quarter -. The company's loss amounted to 7 billion 115.8 million rubles. Thus, the profit for the year, «Norilsk Nickel» amounted to 98 billion 031 million rubles.

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