MOSCOW, Feb 11 (Reuters) - Russia’s largest gold producer, Polyus, said adjusted net profit was $291 million in the fourth quarter, an 18 percent decrease from the third quarter, the company said on Monday.
Adjusted net profit for the full year rose to $1.33 billion, Polyus said in a statement.
The company also said adjusted earnings before interest, tax, depreciation and amortisation (EBITDA) in the fourth quarter stood at $484 million, down 10 percent from the third quarter.
Revenue in the fourth quarter was at $774 million, down 7 percent from the third quarter, the company said.
Polyus also said its board of directors intended to recommend a second half 2018 dividend of $296 million, or $2.2 per share. (Reporting by Andrei Kuzmin; Writing by by Maria Vasilyeva; Editing by Louise Heavens)