Financial results

Dividend yield on NLMK's receipts may reach 4%

NLMK's net profit for the first quarter of 2018 under IFRS increased by 56% compared to the same period last year and amounted to $502 million, the company reports.

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In 2017, net profit of Mozyr refinery fell by 12% to $72.6 mln

In 2017, the net profit of Mozyr refinery decreased by 11.9% in annual terms to 145.2 million Belarusian rubles, or $72.6 million, the company informs.

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In Q1, NLMK’s net profit grew by 56%

In the first quarter of 2018, NLMK Group's net profit under IAS increased by 56% compared to the same period last year and amounted to $502 million, as it follows from the company's account

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In January-March, Petropavlovsk reduced gold production by 5%

In the first quarter of 2018, Petropavlovsk Plc reduced its gold production by 5% to 112.556 thousand ounces (3.5 tons) compared to the same period of 2017, Petropavlovsk reports.

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In Q1, Tatneft’s revenue under RAS was 581.5 bln rubles, net profit – 100 bln rubles

On April 24, 2018, a regular meeting of the Tatneft’s Board of Directors was held in Kazan under chairmanship of Tatarstan President R. N. Minnikhanov.

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In Q1, Alrosa’s net profit under RAS grew by almost 45%

In the first quarter of 2018, the net profit of the diamond company Alrosa on RAS increased by 44.8% compared to the same period last year to 30.55 billion rubles, the company reports.

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Since the beginning of the year, Polymetal received $354 mln due to sale of metals

In the first quarter of 2018, Polymetal Int earned $354 million due to sale of gold, silver, copper and zinc. Compared with January-March 2017, the revenue growth amounted to 19%.

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In Q1, Alrosa reduced diamonds mining by 17% to 7.4 mln carats

In the first quarter of 2018, production of the Russian diamond company Alrosa decreased by 17% in annual terms to 7.4 million carats, the company reports.

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In 2017, revenue of Lenzoloto fell to 11.2 bln rubles

In 2017, the losses of Lenzoloto (part of Polyus) amounted to 584 million rubles.

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In 2017, CPC’s revenue grew by 7.3% to 93.2 bln rubles, in 2018 the consortium expects growth revenue of up to 50 bln rubles

In 2017, revenue of the Caspian pipeline consortium (CPC) increased by 7.3% compared to the previous year and amounted to 93.2 billion rubles, head of the company Nikolai Gorban said during the tel

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Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
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