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EuroChem’s net income drops almost 3 times in 2013

February 05, 2014, 20:11 UTC+3 MOSCOW
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MOSCOW, February 05. /ITAR-TASS/. The net income of EuroChem Mineral and Chemical Company (EuroChem) under international accounting standards decreased by 63% to 12.25 billion rubles from 2012, the company said on Wednesday, February 5.

The company’s consolidated revenues for 2013 were 176.9 billion rubles ($5.6 billion), which represented a 6% increase on revenues of 166.5 billion rubles ($5.4 billio) in 2012.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) amounted to 43 billion rubles ($1.3 billion), as compared to 49.2 billion rubles ($1.6 billion) in the previous year.

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