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ALROSA EXPORTS 40 233 CARATS OF DIAMOND TO ARMENIA IN JAN-SEPT
September 25, 2013 - 14:24 AMT
PanARMENIAN.Net - ALROSA exported 40 233 carats of diamond worth of
USD 4,851 mln to Armenia in January-September 2013 against 34 769
carats worth of USD 7,586 mln in the same period of 2012.
47 531 carats of diamond were produced in Armenia in January-September
2013 against 27 043 carats from the year-earlier period (75,8% growth).
ALROSA's Q2 2013 revenue increased by 9% compared to Q2 2012 and
amounted to RUB 42.8 bn as the result of increased diamond sales
volumes. EBITDA grew by 1% to Q2 2012 and amounted to RUB 19.4 bn with
a margin of 45%. In Q2 2013, ALROSA's net profit amounted to RUB 8.4
bn, which was a 2.4x increase vs Q2 2012 mainly due to the recognition
of gain on disposal of 51% stake in "Timir" and lower FX losses.
H1 2013 revenue grew by 7% vs H1 2012 and reached RUB82.3 bn driven
by increased sales volumes and improved demand for diamonds in Q2 2013.
EBITDA decreased by 1% and amounted to RUB 35.2 bn, net profit
decreased by 10% and amounted to RUB 14.6 bn due to growth of FX
losses and higher interest expenses.
ALROSA posted positive dynamics in the diamond markets in H1 2013,
which resulted in a 7% growth of rough diamond prices since the
beginning of 2013.
September 25, 2013 - 14:24 AMT
PanARMENIAN.Net - ALROSA exported 40 233 carats of diamond worth of
USD 4,851 mln to Armenia in January-September 2013 against 34 769
carats worth of USD 7,586 mln in the same period of 2012.
47 531 carats of diamond were produced in Armenia in January-September
2013 against 27 043 carats from the year-earlier period (75,8% growth).
ALROSA's Q2 2013 revenue increased by 9% compared to Q2 2012 and
amounted to RUB 42.8 bn as the result of increased diamond sales
volumes. EBITDA grew by 1% to Q2 2012 and amounted to RUB 19.4 bn with
a margin of 45%. In Q2 2013, ALROSA's net profit amounted to RUB 8.4
bn, which was a 2.4x increase vs Q2 2012 mainly due to the recognition
of gain on disposal of 51% stake in "Timir" and lower FX losses.
H1 2013 revenue grew by 7% vs H1 2012 and reached RUB82.3 bn driven
by increased sales volumes and improved demand for diamonds in Q2 2013.
EBITDA decreased by 1% and amounted to RUB 35.2 bn, net profit
decreased by 10% and amounted to RUB 14.6 bn due to growth of FX
losses and higher interest expenses.
ALROSA posted positive dynamics in the diamond markets in H1 2013,
which resulted in a 7% growth of rough diamond prices since the
beginning of 2013.