Rusal's Profit May Increase 59% in Quarter to $392 Million on Metal Prices

United Co. Rusal, Russian billionaire Oleg Deripaska’s aluminum maker, may post a 59 percent jump in second quarter earnings, helped by higher metal prices and its stake in OAO GMK Norilsk Nickel.

Net income may rise to $392 million, according to the median estimate of five analysts surveyed by Bloomberg News. That compares with a profit of $247 million in the first quarter. Rusal will announce its second-quarter earnings in Hong Kong early tomorrow.

Sales may climb 15 percent to $2.65 billion from the previous three months, according to the median estimate of analysts at VTB Capital, Troika Dialog, UBS AG, Nomura Holding Inc. and IFC Metropol.

To contact the reporters on this story: Ilya Khrennikov in Moscow at ikhrennikov@bloomberg.net

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