Stock market news

Polymetal in the first half of the year increased gold production by 15%
Polymetal's gold production for 6 months of 2023 amounted to 13,981 tons, up 15% year-on-year. Silver production decreased by 8% to 252.1 tons. Main growth in gold production was achieved at Albazino …

NLMK refused to develop coal areas in Kuzbass
NLMK returned licenses for the development of the Zhernovsky coal deposit in the Kemerovo Region. Company acquired in 2005 and in 2011 two sites in Kuzbass - Zhernovsky-1 and Zhernovsky Gluboky with r…

Lukoil tests supplies to Middle East refineries
Lukoil sent low-sulfur oil from its Caspian fields to the Emirati ADNOC refinery in Ruwais for the first time this year. This is Lukoil's second delivery of oil to an Emirati refinery: last year the c…

JSFC Sistema and the government agreed to deepen cooperation in hydrogen power engineering
Russian Government and JSFC Sistema signed an agreement on the development of hydrogen energy, which implies deepening cooperation in this area. Corporation is already actively cooperating with the Ru…

Sberbank reported for 7 months of 2023 by RAS
Sberbank's RAS net profit for 7 months of 2023 amounted to ₽858.2 billion. Net interest income increased by 38.6% to ₽1.258 trillion. Fee and commission income increased by 20.5% to ₽385.6 billion.

Polymetal faced a gap between sales and production volumes
Polymetal in 6 months of 2023 produced 764 thousand ounces of gold equivalent, up 3% from 744 thousand ounces a year earlier. Sales volumes increased by 23% to 690 thousand ounces of gold equivalent. …

Sony reported for 3 months of fiscal year 2023
Sony's IFRS net profit for 3 months of fiscal 2023 was JP¥217.94 billion, down 16.6% from JP¥261.2 billion in the previous year. Revenue increased 32.9% to JP¥2.964 trillion vs. JP¥2.23 trillion a yea…

Take-Two Interactive reported for 3 months of fiscal year 2024
Take-Two Interactive Software's GAAP loss for 3 months of fiscal year 2024 was $206 million, up 2-fold from $104 million in the prior year. Revenue increased 16.6% to $1.285 billion versus $1.102 bill…

Sberbank launched a service for online signatures for individuals
Sberbank has launched the Online Signature service for individuals and the self-employed, which allows for the remote issuance of an enhanced unqualified electronic signature. Service allows 90% of do…

OGK-2 reported for 6 months of 2023 by IFRS
OGK-2's IFRS net profit for 6 months of 2023 amounted to ₽12.347 billion, down 0.6% from ₽12.42 billion in the previous year. Revenue increased 14.5% to ₽78.594 billion versus ₽68.64 billion a year ea…
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