OJSC MMC Norilsk Nickel increased its share in the authorized capital of OJSC Norilskgazprom to 56.17% from 40.48%, Norilsk Nickel informed.
Norilsk Nickel (tax number: 8401005730) is the largest diversified mining and metallurgical company, the world's leading producer of nickel and palladium and one of major platinum, rhodium, copper and cobalt producer. Besides, the company is active in producing a wide range of associated metals including gold, silver, tellurium, selenium, iridium and ruthenium.
The mining and processing assets of the MMC group Norilsk Nickel are located in the Norilsk industrial area, the Kola Peninsula as well as Finland, USA, Australia, Botswana and RSA.
The company's authorized capital is represented by 190,627,747 registered ordinary shares at par value of 1 ruble each.
Net profit (IFRS) of OJSC MMC Norilsk Nickel for H1 2012 decreased by 18.54% to $1.481 billion from $1.818 billion for H1 2011. Revenue decreased by 19.2% to $5.9 billion from $7.34 billion, operating profit by 37.65% to $2.11 billion from $3.384 billion, pre-tax profit by 34.96% to $2.035 billion from $3.129 billion, EBITDA by 33.32% to $2.494 billion from $3.74 billion.
According to the information and retrieval system DataCapital, net profit (RAS) of MMC Norilsk Nickel for January-September 2012 decreased by 21.13% to RUB 80.845 billion from RUB 102.499 billion for 9 months 2011. Revenue fell by 12.47% to RUB 209.274 billion from RUB 239.075 billion, sales profit by 26.94% to RUB 112.518 billion from RUB 154.004 billion, pre-tax profit by 19.11% to RUB 104.21 billion from RUB 128.831 billion.