Financial results

Hidden potential of Surgutneftegaz

Surgutneftegaz is one of the largest private vertically integrated oil companies in Russia. It ranks fourth in terms of oil production, second in operational and first in exploratory drilling.

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In Q1, Nordgold reduced gold production by 6%

In the first quarter of 2018, Nordgold of Alexei Mordashov reduced the total production of gold in Russia and abroad by 6% to 225.1 thousand ounces (7 tons), the company reports.

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In Q1, Nordgold’s revenue grew by 2%

In the first quarter of 2018, Nordgold reduced volume of refined gold production by 6% in the annual comparison and by 10% in the quarterly comparison to 225.1 thousand ounces of gold equivalent.

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In January-March, VSMPO-Avisma increased its revenue

In the first quarter of the current year, the VSMPO-Avisma Corporation's revenue increased by 1% compared to the first quarter of the previous year and amounted to 18.033 billion rubles.

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In Q1, Togliatti increased its net profit under RAS by 37%

In the first quarter, Togliattiazot increased its net profit calculated according to RAS by 2.6%. The revenue increased by 37%, it follows from the financial statements.

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In Q1, net profit of En+ under IAS grew 2.5 times to $667 mln

In January-March 2018, the En+ Group's net profit according under IAS increased 2.5 times compared to the same period last year to $667 million, the company said.

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In Q1 En+ increased electricity production by 1.3% to 17.6 billion kWh

Power generation at En+ Group's plants increased by 1.3% in January-March 2018 compared to the same period of the previous year and amounted to 17.6 billion kWh, the company said.

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In Q1, MOEK’s net profit fell by 7% to 9.1 bln rubles

In January-March 2018, the net profit of the Moscow United Energy Company (MOEK) under IAS decreased by 7% to 9.118 billion rubles, the company reports.

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In Q1, TMK’s revenue grew by 35%

In the first quarter of 2018, the TMK's revenue increased by 6% compared to the previous quarter and by 35% compared to the first quarter of 2017 and amounted to $1.274 billion, as it follows f

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Raspadskaya plans to increase coal production to 7 mln tons

The growth in sales volumes and cost of coal have allowed management of the Raspadskaya Mine located in Kuzbass to increase sales revenue, and by the end of last year it rose by 8.08 billion rubles

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