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. Last Updated: 07/27/2016

Polyus H1 Profit Falls 6.8%

Polyus Gold said first-half net profit fell 6.8 percent to $150 million on the back of lower output, although the effect on revenues was mitigated.

Polyus’ revenues, which fell by 12.9 percent to $452 million, were still slightly above analysts’ average estimate of $446 million, it said in a statement. 

(Reuters)