Financial results

Gazprom profits down for 2019 due to lower gas prices

Gazprom reduced it's profit in 2019 by 8%, to $ 21.4 billion, which looks like a good result against the backdrop of a fall in the average export price of gas by 17% - to $ 203 per thousand cub

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Eurochem's net profit increased by 89% in 2019

In 2019, the Eurochem's consolidated revenue increased by 11% compared to the same period in 2018 and amounted to $6.2 billion.

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In 2019, MMK's profit decreased by 35%

In 2019, the MMK group's net profit under IAS decreased by 35% compared to the previous year and amounted to $856 million, the company reported.

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In 2019, BP's profit from participation in Rosneft increased by 4.4%, while the company's total profit fell 2.3 times

In 2019, BP's net profit attributable to shareholders decreased 2.3 times compared to 2018 and amounted to $ 4.026 billion. BP announced this on February 4, 2020.

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In 2019, Severstal's revenue under IAS decreased by 4.9%

In 2019, the Severstal's revenue under IAS decreased by 4.9% compared to the previous year to $8.157 million (in 2018 it was $8.580 million).

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In 2019, Suek reduced its net profit by 39%

Siberian coal energy company (Suek) has published a report on its final financial results under IAS in 2019.

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Polyus increased gold production by 16% in 2019

In 2019, Polyus increased its gold production by 16% to 2.841 million ounces (88.371 tons) compared to 2018, the company reported.

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Rosseti’s head reports to Vladimir Putin about profit of 125 billion rubles

On January 24, 2020, the Russian President Vladimir Putin met with Pavel Livinsky, chairman of the Management Board and general director of Rosseti.

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Polymetal increased gold production by 8% in 2019

In 2019, Polymetal Int (combines the assets of Polymetal JSC) increased gold production by 8% to 1.316 million ounces (40.932 tons) and decreased silver production by 15% to 21.6 million ounces (67

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Norilsk Nickel makes capital of palladium: its price breaks another record

Russian producers of palladium, in first place is Norilsk Nickel, can become the main beneficiaries of continuing rise of the metal price.

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