Business
RUAL: 2023 profit dropped 84% to $282m on lower prices and margins, with EBITDA down 61%
RUAL: 2023 profit dropped 84% to $282m on lower prices and margins, with EBITDA down 61%
About this update from Rusal
Revenue fell 12.6% to $12.2bn in 2023, with net profit down sharply to $282m amid lower aluminium prices and higher costs. Adjusted EBITDA dropped 61%, and the company faces ongoing geopolitical and market risks, but continues to invest in modernization and sustainability.Original document: This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.