Tag Archives: grew

VTB24 Bank boosts RAS earnings 50% to 31.5 bln rubles in 2014 (Part 3)

MOSCOW. Jan 22 (Interfax) – VTB24 (MOEX: GUTB), Russia’s second biggest retail bank, boosted net profit to Russian Accounting Standards (RAS) before events following the reporting date 50% last year to 31.5 billion rubles, the bank said in a presentation. … Continue reading

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Georgia boosts money supply 7% in 9M

TBILISI. Oct 28 (Interfax) – Broad money supply (M3 aggregate) in Georgia stood at 10.517 billion lari, or $5.998 billion at the current exchange rate, as of October 1, 2014, up by 6.9%, or 680.1 million lari, from the start … Continue reading

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Yandex boosts Q3 revenue 28%, EBITDA up 34%, above forecast (Part 2)

MOSCOW. Oct 23 (Interfax) – Yandex (MOEX: YNDX) boosted sales revenue to US GAAP 28% year-on-year in Q3 2014 to 13.1 billion rubles, the Russian Internet company said in a report. “Q3 was another strong quarter notable for an acceleration … Continue reading

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Russia boosts gold production 19% in 8M (Part 2)

MOSCOW. Oct 3 (Interfax) – Russia produced 183.855 tonnes of gold in January-August, 19% more than in the same period of last year, the Gold Producers’ Union said, quoting preliminary data. Production of ingots from mined gold grew 12.6% to … Continue reading

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Highland Gold H1 EBITDA plummets 24% to $48.4 mln (Part 3)

MOSCOW. Sept 23 (Interfax) – Highland Gold Mining plc (HGM) saw its earnings before taxes, depreciation and amortization (EBITDA) plummet 23.6% year-on-year in H1 2014 to $48.4 million, the company said in a statement. Sales revenue to International Financial Reporting … Continue reading

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Gold in Central Bank of Russia reserves up nearly 1% to 35.8 mln oz in August

MOSCOW. Sept 19 (Interfax) – The Central Bank of Russia had 35.8 million Troy ounces (1.114 tonnes) of gold in its reserves as of September 1, 2014, up 0.85% from 35.5 million oz (1.104 tonnes) at the beginning of August, … Continue reading

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Georgia boosts industrial output 12.5% in H1

TBILISI. Sept 4 (Interfax) – Georgian industrial output grew 12.5% year-on-year in January-June 2014 to 3.468 billion lari ($1.993 billion at the current exchange rate), the National Statistics Service reported. In Q2 2014 industrial production was 1.811 billion lari, which … Continue reading

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Lukoil boosts average daily oil production 4.5% in H1 to 1.9 mln boe (Part 2)

MOSCOW. Aug 29 (Interfax) – Russian oil giant Lukoil (MOEX: LKOH) boosted average daily oil production 4.5% in the first half of 2014 to 1.9 million barrels of oil equivalent (boe) per day, the company said in a report. “Commercial … Continue reading

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Russian oil output up 1.4%, gas down 3% in 7M – Rosstat

MOSCOW. Aug 15 (Interfax) – Russia produced 304 million tonnes of oil and gas condensate in January-July 2014, 1.4% more than in the same period of last year, the Federal State Statistics Service (Rosstat) said. Natural gas production fell 3% … Continue reading

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Russia boosts ferrous metal exports 52% in H1 – customs

Russian ferrous metal exports soared 52% year-on-year in tonnage in January-June 2014, the Federal Customs Service (FCS) said. The exports rose 38% in value. Exports to non-CIS countries jumped 60.5% in tonnage and 51% in value. Exports to the CIS … Continue reading

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