Rusal Q3 profit jumps 55 pct q / q as US sanctions exposed | Metals and mining

HONG KONG, November 5 (Reuters) – Russian aluminum warrior Rusal recorded a third quarter adjusted net profit of $ 338 million on Monday, up 55 percent from the previous quarter, as sanctions imposed by Washington in April at Hong Kong listed company were exposed.

Rusal's net earnings rose 42 percent from the second quarter, up 43 percent from the previous year. Remaining net income is defined as adjusted net profit plus the company's net effective share in results from Russian mining act Norilsk Nickel. (Reporting of Polina Devitt in MOSCOW and Donny Kwok in HONG KONG Editing Kenneth Maxwell)