Financial results

Russneft's net profit increased by 27% in 2019

In 2019, the Russneft's net profit increased by 27.4% compared to the previous year and amounted to 14.968 billion rubles, it follows from the company's materials.

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Slavneft's net profit under IAS decreased by 17.6% in 2019

In 2019, the Slavneft's net profit under IAS attributable to shareholders decreased by 17.6% compared to 2018 and amounted to 16.241 billion rubles, as it follows from the company's stateme

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2.5 million ounces of gold produced by Kinross in 2019

Gold mining company Kinross Gold has reported operating and financial results for 2019.

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In 2019, Alrosa’s net profit decreased by 9%

In 2019, the net profit of Alrosa amounted to 26.7 billion rubles against the background of a 27% decrease in the revenue.

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Gazpromneft expects a 3.3% increase in net profit in 2019

In 2019, Gazpromneft's net profit increased by 3.3% compared to 2018 to $6.2 billion.

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Korshunovsky GOK made net profit in the amount of almost 6 billion rubles in 2019

In 2019, the net profit of Korshunovsky GOK (part of Mechel) increased 2.5 times and amounted to 5.92 billion rubles.

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In 2019, NLMK's revenue decreased by 12%

In 2019, the NLMK's revenue decreased by 12% year-on-year to $10.6 billion against the background of lower prices for steel products and reduced sales volumes due to major repairs at NLMK's

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In Russia, revenues from electricity exports increased, and from coal exports fell in 2019

In 2019, the Russia's revenues from electricity exports increased by 12.7% compared to the same period of the previous year to $911.3 million, it follows from the Federal Customs Service’

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Zarubezhneft increased its net profit by 12.5% in 2019

In 2019, the net profit of Zarubezhneft amounted to 12 billion rubles, which exceeds the data for 2018 by 12.5%.

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Metinvest reduced its revenue by 13% in November 2019

In November 2019, Metinvest B. V., a parent company of Metinvest group, reduced its revenue by 13% to $693 million, compared to October.

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