2 Nov 2010 15:02

Alrosa posts 3.454 bln rubles in RAS net profit for Q3

MOSCOW. Nov 2 (Interfax) - CJSC Alrosa , Russia's Yakutia-based diamond monopoly, posted 3.454 billion rubles in net profit according to Russian accounting standards (RAS) in the third quarter of 2010 compared to 5.863 billion rubles in the same period of 2009.

Alrosa's net losses for the second quarter totaled 2.063 billion rubles. It was earlier reported that the company's losses then had been the result of financial costs and losses on forex rate changes.