Financial results

In H1 2017 NLMK's net profit up 2.8 times

The net profit of the Novolipetsk metallurigc plant in accordance with IFRS in the first half of 2017 increased 2.8 times compared to the same period last year and amounted to $665 million.

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In Q2, Novatek increased its capital costs by 33.2%

In the second quarter of 2017, Novatek increased its capital expenditures by 33.2% to 9.34 billion rubles. This follows from the company's report for the second quarter under IAS.

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In H1, Lukoil doubled its net profit under RAS

In the first half of 2017, the net profit of Lukoil under RAS increased 2.1 times compared to the first half of 2016 and amounted to 115.607 billion rubles.

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In H1, Inter RAO UES reduced its net profit under RAS 8.9 times

In the first six months of 2017, Inter RAO UES reduced its net profit under RAS 8.9 times to 4.1 billion rubles, the company reports.

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In 2000-2016, Kuibyshevazot invested over 60 bln in production dveelopment

In the period from 2000 to 2016, Kuibyshevazot invested more than 60 billion rubles in development of production capacities.

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In H1, Alrosa increased diamond mining by 14%

In the first six months of 2017, Alrosa increased its diamond production compared to the same period last year by 14% to 19.3 million carats, the company reports.

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In H1, Russneft’s net profit under RAS fell 2.5 times

In January-June 2017, the net profit of Russneft under RAS declined 2.5 times compared to the same period of the previous year to 3.424 billion rubles, the company's report informs.

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Coal anomaly: growth of Raspadskaya against the background of stagnation in the rest of industry

At the request of the Forbes, analysts and managers comment on the prospects of the undervalued assets on the Russian stock market.

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In H1, Gazpromneft’s net profit grew two times

The net profit of Gazpromneft under RAS in the first six months of 2017 almost doubled compared to the same period last year. As the company's report informs, the profit is 150 billion rubles.

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Alrosa’s net profit falls to 43.7 bln rubles

In January-June this year, Alrosa reduced its net profit almost two times to 43.7 billion rubles.

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