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  Thursday, November 14, 2019
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Russian metals giant Norilsk Nickel said on Friday its net profit
Russian metals giant Norilsk Nickel said on Friday its net profit calculated to International Financial Reporting Standards (IFRS) declined 33% year-on-year to $2.68 billion in the first half of 2008.

Revenue increased 5.4% to $8.31 billion in the reporting period.

The company's shares dropped 10.94% on the MICEX exchange and by more than 8% on the RTS as of 14:05 Moscow time (10:05 GMT) on the news.

Norilsk Nickel accounts for more than 20% of global nickel output, more than 10% of cobalt production and 3% of copper. Its nickel output increased almost 13.8%, year-on-year, to 143,400 metric tons in January-June 2008.


Print Russian metals giant Norilsk Nickel said on Friday its net profit Bookmark Russian metals giant Norilsk Nickel said on Friday its net profit

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