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BRIEF-Petropavlovsk H1 profit for period increased by 166% to $24.5 mln
September 12, 2017 / 6:28 AM / 10 days ago

BRIEF-Petropavlovsk H1 profit for period increased by 166% to $24.5 mln

Sept 12 (Reuters) - PETROPAVLOVSK PLC:

* H1 REVENUE ROSE 20 PERCENT TO $304 MILLION

* H1 GROUP REVENUE WAS $304 MILLION VERSUS $254 MILLION YEAR AGO

* H1 PROFIT FOR PERIOD $24.5 MILLION VERSUS $9.2 MILLION YEAR AGO

* H1 EBITDA OF $114 MILLION VERSUS $88 MILLION YEAR AGO

* SAYS IT CAN ACHIEVE 2017 PRODUCTION GUIDANCE OF 420 - 460KOZ

* SAYS NET DEBT IS EXPECTED TO DECREASE TO C.$560 MILLION BY THE END OF 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)

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