United Co. Rusal PLC posted a net loss in the first half of the year.
Rusal swung to a net loss of US$439 million, versus a year-ago net profit of US$1 million. In the second quarter, Rusal posted a net loss of US$458 million, versus a year-ago loss of US$55 million.
Its revenue declined 8.8% to US$5.2 billion from US$5.7 billion.
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