Polymetal International plc (POLY.L) reported an improvement in 2011 net income to $290 million or $0.74 per share from the prior year's $239 million or $0.66 per share. On an adjusted basis, full-year net profit was $347 million or $0.89 per share, higher than $247 million or $0.68 per share in 2010.
Pre-tax earnings in 2011 were $409 million, up 33% compared with 2010, reflecting strong revenue growth and controlled cost dynamics.
Revenue for the year advanced 43% to $1.33 billion from $925 million a year ago, driven by a 13% rise in gold equivalent ounces sold and a 26% growth in the average realised gold price.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.