By
Norilsk said its net profit fell to $2.14 billion last year, impacted by $976 million non-cash write-offs. A poll of analysts had expected the company's net income to come in at $2.89 billion.
The company's 2012 revenue was also down, by 15 percent to $12.1 billion, while earnings before interest, taxation, depreciation and amortisation (EBITDA) decreased 32 percent to $4.9 billion, Norilsk said in a statement.