The IH 2014 net profit at ALROSA rallied up 58.95% to 24.174bn rub. from 15.209bn rub. prior year, the company informed.
The revenues moved up 19.91% to 81.551bn rub. from 68.01bn rub.; profit from sales - 43.37% to 37.211bn rub. from 25.955bn rub.; pretax profit - 63.32% to 31.249bn rub. from 19.134bn rub.
ALROSA (TIN 1433000147) is one of the leading diamond producers in the world. It covers 97% of the total amount of the diamonds produced in Russia and about 25% in the world. The Company includes ECO ALROSA, ALROSA Diamonds, Aikhalsky, Mirninsky, Udachninsky and Nyurbinsky GOKs. The 2010-sales reached $3.483bn.
The Russian government holds 50.9%; Sakha Republic (Yakutia) government 40%. The share capital is equal to 3.682bn rub. split in 272726 common stocks of 13502.5 rub. par.
The 2013 net profit declined (IAS) 5% to 31.837bn rub. from 33.634bn rub. prior year; revenues rose 12% to 168.505bn rub. from 150.88bn rub.; EBITDA - 12% to 69.1bn rub.; the output moved up 7% to 36.9mln carat.
The 2013 net profit moved down (RAS) 10.21% to 35.601bn rub. from 39.651bn rub. prior year; revenues added 6.76% to come to 138.225bn rub.
from 129.478bn rub.; profit from sales - 3.12% to 53.466bn rub. from 51.846bn rub.; pretax profit moved down 9.84% to 43.405bn rub. from 48.141bn rub