# Polyus’ adjusted IFRS net profit drops 59% to $829 million in first half

https://mins.news/en/item/39166

- TASS, 2026-08-31 18:35 UTC
- Economy
- Original: https://tass.com/economy/2180065

> Gold miner Polyus reported a 59% year-on-year decline in adjusted IFRS net profit to $829 million in the first half of 2026. Revenue rose 27% to $4.7 billion, partly supported by higher realized gold prices despite lower sales volumes. Capital spending reached $946 million, while total cash cost increased 64% to $1,069 per ounce.