Alrosa Net Profit For 2012 Comes to $1.25 billion
April 28, 13
(IDEX Online News) – Alrosa’s net profit under Russian Accounting Standards in 2012 amounted to 39.7 billion rubles ($1.25 billion), the miner reported. 
The company’s Supervisory Board is recommending to its annual general meeting the payment of 8.2 billion rubles ($258 million) dividends for 2012.
The Supervisory Board also received a report from representatives of Goldman Sachs regarding progress relating to an Initial Public Offering of 14 percent of the company’s shares due to take place later this year.
The meeting approved the reduction of Alrosa’s Executive Committee to 13 members from 20.