Seligdar's net loss under IFRS for 9 months amounted to 10.1 billion rubles.

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AK&M 17 January 2025 13:52

Seligdar's net loss under IFRS for 9 months of 2024 amounted to 10.1 billion rubles against a loss of 8.96 billion rubles a year earlier. This is stated in the company's message.

Revenue increased by 16% to 42.97 billion rubles from 37.15 billion rubles, gross profit increased by 40% to 14.46 billion rubles from 10.46 billion rubles. Adjusted EBITDA amounted to RUB 19.3 billion. 

PJSC Seligdar is a Russian producer of gold and tin. The consolidated loss of PJSC Seligdar under IFRS for 2023 amounted to 11.5 billion rubles against a profit of 4.14 billion rubles a year earlier. Revenue increased by 61% to RUB 55.97 billion from RUB 34.7 billion. Despite the resulting loss for the holding company as a whole, the parent company of PJSC Seligdar recorded a net profit of 14 billion rubles.