OREANDA-NEWS. The revenue of Norilsk Nickel from metal sales in 1H2006 increased by 28% compared to 1H2005 to a total of USD 4,191 million.

The main reason for the growth of revenue in the period was the significant increase of the selling prices for base and precious metals. According to the press service of Norilsk Nickel, the net profit of the company increased by 143% and made $4.191 billion.

Revenue increased for all metals by USD 918 million, of which USD 652 million (71%) was for base metals, and USD 266 million (29%) for platinum group metals (“PGM”) and gold.