Russian minerals and fertiliser company Acron has reported an 11 % increase in dollar equivalent Ebitda to $ 140 m in the first quarter of this year as revenues rose 3 % to $ 423 m . Net profit surged to $ 73 m from $ 27 million the previous year . The company said output of its key mines rose 7 % to 1.9 million tonnes . Acron chair Alexander officials said new mining operations were begun at the company 's Talitsky site while investment continued at its main Acron and Dorogobuzh sites . He said : “ We will continue to focus on paying dividends while our debt burden remains moderate . ”
Russian minerals and fertiliser company Acron has reported an 11% rise in dollar equivalent Ebitda to $140m in the first quarter of this year as revenues rose 3% to $423m. Net profit surged to $73m from $27m the previous year. The company said output of its key products rose 7% to 1.9 million tonnes. Acron chair Alexander Popov said new mining shafts were begun at the company's Talitsky site while investment continued at its main Acron and Dorogobuzh sites. He said: “We will continue to focus on paying dividends while our debt burden remains moderate.”