ENRC 2007 pretax profit up 36 pct to $1.32 bln

Wed Apr 9, 2008 7:06am BST
 
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LONDON, April 9 (Reuters) - Kazakh mining group Eurasian Natural Resources (ENRC.L) posted a 36 percent rise in annual pretax profit on Wednesday as commodity prices surged and said it expects a "strong year" in 2008.

The group, the world's largest producer of ferrochrome, said pretax profit in 2007 increased to $1.32 billion from $971 million in 2006.

The results are the first since the group listed on the London stock exchange in December.

(Reporting by Eric Onstad, editing by Elizabeth Fullerton)

 

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