Russia’s Norilsk says first half profit down 22 pct
“The net profit reduction was caused by a loss on
discontinued operations related to disposal of (power company)
OGK-3 shares, amounting to $560 million,” it said in a
statement.Revenue rose by 24 percent to $7.3 billion from $5.9 billion
in the first half of 2010, Norilsk said in the statement.Revenue from metals sales also rose by 24 percent
year-on-year to $6.96 billion, it said.
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