Stock market news

Magnitogorsk Iron and Steel Works

Magnitogorsk Metallurgical Combine's IFRS net profit for 6 months of 2023 amounted to ₽51.618 billion, down 9.1% from ₽56.788 billion in the previous year. Revenue declined 12.5% to ₽352.71 billion against ₽403.04 billion a year earlier.

Credit Bank of Moscow

ICB's net profit under IFRS for 6 months of 2023 amounted to ₽30.409 billion, net interest income - ₽52.829 billion. Figures for the same period last year the bank does not disclose.

Rushydro

RusHydro's IFRS net profit for 6 months of 2023 amounted to ₽47.652 billion, up 58.8% from ₽30.011 billion in the previous year. Revenue increased 21.5% to ₽260.73 billion against ₽214.62 billion a year earlier.

TNS energy Voronezh

TNS Energo Voronezh's IFRS net profit for 6 months of 2023 amounted to ₽1.1 billion, up 49.1% from ₽0.738 billion in the previous year. Revenue increased 7.1% to ₽15.251 billion compared to ₽14.241 billion a year earlier.

Buryatzoloto

Buryatzoloto's IFRS net profit for 6 months of 2023 amounted to ₽589.42 million, up 2.9 times from ₽206.83 million in the previous year. Revenue rose 42.3% to ₽2.99 billion against ₽2.101 billion a year earlier.

ZIL

I.A. Likhachev Plant's IFRS loss for 6 months of 2023 amounted to ₽0.046 billion, against a profit of ₽1.478 billion in the previous year. Revenue rose 13.6% to ₽671.16 million versus ₽590.85 million a year earlier.

Kurgan Generation Company

Kurgan Generation Company's RAS net profit for 6 months of 2023 amounted to ₽332.75 mln, up 10.4 times from ₽32.06 mln in the previous year. Revenue declined 2% to ₽4.059 billion against ₽4.141 billion a year earlier.

Mechel

Mechel's coal production in 6 months of 2023 amounted to 4.534 million tons, down 24% year-on-year. Iron and steel production decreased by 3% and 4% to 1.616 million tons and 1.787 million tons, respectively. Long products sales decreased 7% to 1.221 million tons, while flat products sales increased 1% to 205,000 tons. Sales of coking coal concentrate decrea...

Polyus

Gold doré production by Polyus for 6 months of 2023 amounted to 1,428 thousand ounces, up 20% year-on-year. Ore processing decreased by 1% to 23,591 thousand tons. Total gold production increased by 36% to 1,448 thousand ounces.

Polyus

Polyus' IFRS net profit for 6 months of 2023 amounted to $0.558 bln, down 2.5 times from $1.376 bln in the previous year. Revenue increased by 28.8% to $2.386 bln vs. $1.852 bln a year earlier.