OREANDA-NEWS. January 11, 2010. Chelyabinsk Zinc Plant (LSE, RTS, MICEX: CHZN), Russia's largest producer of zinc and zinc alloys, is pleased to announce its IFRS financial results for the nine months ended September 30, 2009 (Unaudited accounts).

9 MONTHS 2009 HIGHLIGHTS

•   Revenue for the nine months of 2009 totaled RUB 6,502 million compared to RUB 8,318 for the same period last year.

•   Nine months of 2009 EBITDA amounted RUB 1,155 million and was equivalent to 18% of revenue compared to an EBITDA of RUB 744 million, equivalent of 9% of nine months of 2008 revenue.

•   Net profit for the nine months of 2009 was RUB 268 million compared to RUB 1,089 million loss for the nine months of 2008.

Consolidated interim financial results for the nine months ended September 30

 

2009

2008

Change

 

(in millions of Russian Roubles)

(%)

Revenue

6,502

8,318

(22)

Gross profit

1,231

722

70

Gross margin

19%

9%

 

EBITDA

1,155

744

55

EBITDA margin

18%

9%

 

Profit/(loss) before income tax

319

(1,165)

N/A

Net income/(loss)

268

(1,089)

N/A

Net margin

4%

N/A