2 Apr 2012 10:55

Polyus Int'l ups operating profits 53% to $839 mln in 2011

MOSCOW. April 2(Interfax) - Polyus Gold International Ltd. increased its consolidated operating profits 53% to $838.654 million last year, the company reported.

Profits for the period increased 57% to $558 million, EBITDA (earnings before interest, taxes, depreciation, and amortization) rose 55% to $1.11 billion, and sales revenues were up 37% at $2.34 million.

A full financial report to International Financial Reporting Standards (IFRS) will be available on the company's website at 11:00 a.m. London time.