Aluminium giant Rusal posts near three-fold jump in annual profit

Reuters
14 Mar
Aluminium giant Rusal posts near three-fold jump in annual profit

March 14 (Reuters) - Russian aluminium giant Rusal 0486.HK on Friday reported a massive jump in its annual net profit on higher underlying prices, reflecting a lift in demand during the year.

Hong Kong-listed Rusal, the world's largest aluminium producer outside China, posted a net profit of $803 million for the year ended December 31, 184.8% higher compared with the $282 million reported in the year-ago period.

(Reporting by Rishav Chatterjee in Bengaluru and Anastasia Lyrchikova in Moscow; Editing by Alan Barona)

((anastasia.lyrchikova@thomsonreuters.com))

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