ALROSA’s net profit for 9 months decreased by 7.4% – Kommersant

ALROSA's net profit for 9 months decreased by 7.4% - Kommersant

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ALROSA net profit (MOEX: ALRS) in January-September 2023 according to RAS amounted to 87.86 billion rubles. It decreased by 7.4% compared to the same period in 2022 (.pdf).

The company’s revenue amounted to 237.2 billion rubles. The indicator increased by 7.65% from January to September 2022. Gross profit amounted to 106.81 billion versus 108.36 billion rubles. a year earlier. Sales profit decreased from 96.2 billion to 94.37 billion rubles. Profit before tax amounted to RUB 107.38 billion. against 114.9 billion rubles. in 2022.

ALROSA mines rough diamonds in Yakutia and the Arkhangelsk region. The main shareholders are the Russian Federation (33.03%), Yakutia (25%), and administrations of the regions where mining is carried out (8%). 34% of shares are in free float.

Leonid Uvarchev

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