IFRS net loss of UC RUSAL for Q2 2013 grew 8.33-fold to $458 million from $55 million the year before, the company reported.
Revenue decreased by 12.53% to $2.521 billion from $2.882 billion, GP dropped by 35.52% to $325 million from $504 million, adjusted EBITDA 46.79% to $174 million from $327 million, EBITDA margin to 6.9% from 11.6%.
UC RUSAL (tax number: 7709329253) is a leader in the global aluminum industry. The company accounts for about 10% of the aluminum output and 10% of alumina output worldwide. Its labor force is about 76 thousand employees. RUSAL is active in 19 countries on five continents selling its goods mainly in the markets of Europe, North America, South East Asia, in Japan and South Korea.
RUSAL's common shares are traded on the Hong-Kong Stock Exchange. The global depositary shares representing RUSAL's common shares are trading on the professional stock exchange site of NYSE Euronext in Paris. The principal shareholders are: En+ Group (47.41% of shares), ONEXIM group (17.02%), SUAL group's shareholders (15.80%), Amokenga Holdings, Glencore's 100% subsidiary (8.75%), the management (0.26%) and others (10.75%).
RUSAL's net loss for 2012 was $55 million against a profit of $237 million the year before. Revenue decreased by 11.4% to $10.891 billion from $12.291 billion. Adjusted EBITDA in 2012 was $915 million.