Uranium One Inc., which is part of international ore mining division of Rosatom State Corporation, has summed up its performance under IFRS for Q1 2017.
As of the end of Q1 2017, Uranium One Inc. revenue has increased five-fold from the same period last year and made up USD 67.9 million USD. The Company’s adjusted net profit (excluding the impact of foreign exchange, revalued financial instruments and inventory, profit or loss from business combination) has made up USD 21.1 million USD, which is 7.5 times more than in Q1 2016. Compared to Q1 2016, Uranium One Inc. has decreased its uranium production which in Q1 2017 has made up 2.9 million pounds (1,110 tons) of natural uranium.
