Stock Movers | Rusal drops 10% after posting a loss last year

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Rusal (00486) reported a loss of $455 million last year, with the stock price dropping by 10%, temporarily falling as much as 11.1% to a low of HKD 4.79.

As of 10:06 a.m., the stock was at HKD 4.85, down 10%, with a turnover of HKD 11 million.

Rusal announced that for the year ending December 2025, the attributable loss to shareholders was $455 million, with a loss of $0.03 per share, and no dividend will be paid. The profit for 2024 is expected to be $803 million. Revenue reached $14.812 billion, an increase of 22.6% year-on-year.

The group stated that since February 2022, geopolitical tensions have significantly increased volatility in commodity and foreign exchange markets. Management continues to assess the current situation and considers multiple scenarios and variables when making forecasts.

At the same time, the group is redesigning its supply and sales chains to ensure optimal debt-to-equity ratios and actively seeking solutions to logistics issues and related obligations to adapt to current economic changes, ensuring the continuity of the group’s operations.

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