Financial results

Surgutneftegaz increases its net profit 4 times

Oil and gas company Surgutneftegaz has reported on its results in 2018.

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In 2018, Ukrtransnafta reduced its profit by 31%

In 2018, Ukrtransnafta, which is an operator of oil transportation system, reduced its net profit by 31.6% (by 676.454 million hryvnias) compared to 2017 1 463.239 million hryvnias, as it follows f

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Susumanzoloto reduces profit under IFRS by 30%

By the end of 2018, the largest gold mining company in the Magadan region, OJSC Susanzoloto, reduced profit by 30.1%, to 1,261 billion rubles.

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Mangazeya increases gold production to 27.7 thousand ounces

In 2018, Mangazeya Mining Ltd, which develops gold deposits in the Trans-Baikal region, increased gold production by 13.9% to 27.7 thousand ounces of gold.

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Rosatom plans to double revenue on foreign markets to $15 bln in the next 5 years

The State-owned corporation Rosatom plans to double amount of its revenue on foreign markets to $15 billion in the next five years, head of the company Alexei Likhachev said at the meeting with Pri

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In Q1, net loss of state-owned company Ukrtransgaz was 3 885 mln hryvnias

In January-March 2019, Ukrtransgaz reduced the net loss by 7.5% (by 314.517 million hryvnias) compared to the same period of 2018 to 3 885.759 million hryvnias.

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In Q1, Akron increased its net profit under RAS 10 times to 7 bln rubles

Akron (Veliky Novgorod) increased its net profit under RAS 10 times in the first quarter of 2019. The company's revenue grew by 34%, according to the financial statements.

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Buryatzoloto’s Board of Directors recommends not to pay dividends

Board of Directors of Buryatzoloto (part of Nordgold) has recommended shareholders at the annual meeting on June 28 not to pay dividends for 2018.

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Alrosa sells 120 diamonds at auction in Vladivostok

Diamond mining company Alrosa received $9.65 million in revenue from sale of diamonds during a diamond auction held in Vladivostok from April 8 to April 19, 2019.

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Mikhail Gutseriev and his partners buy 67% in Kuzbass Fuel Company

Mikhail Gutseriev, his son Said, as well as businessmen related with him have received a controlling stake in Kuzbass Fuel Company, the Kommersant writes on Tuesday.

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