Tag Archives: revenue

Kamaz sees revenue fall 5.7% in 2014, sales in Russia – 14%

MOSCOW. Jan 26 (Interfax) – The revenue of OJSC Kamaz (MOEX: KMAZ) group of organizations to International Financial Reporting Standards (IFRS), according to preliminary data, was 107.749 billion rubles, the company said in a statement. Kamaz’s revenue in 2013 to … Continue reading

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Norilsk Nickel boosts RAS net profit 32% in 9M to 99 bln rubles (Part 2)

MOSCOW. Oct 30 (Interfax) – MMC Norilsk Nickel (MOEX: GMKN) boosted net profit to Russian Accounting Standards (RAS) 32% year-on-year in January-September 2014 to 98.93 billion rubles, according to company materials. Revenue advanced 18% to 241.792 billion rubles, while gross … Continue reading

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Ulyukayev: GDP likely to decline in 2015 if low oil prices persist

MOSCOW. Oct 24 (Interfax) – If current prices for oil persist in 2015, Russian GDP, retail trade, real incomes and investment will all decline, Ulyukayev said at a business breakfast hosted by Rossiiskaya Gazeta.” “If the current price of oil … Continue reading

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Naftogaz net loss widens 12-fold to $4.8 bln in 9M

KYIV. Oct 24 (Interfax) – Ukrainian national oil and gas concern Naftogaz Ukrainy saw its net loss widen 11.8-fold in January-September 2014 year-on-year to 62.475 billion hryvni ($4.8 billion). Net revenue declined 4.1% to 44.204 billion hryvni in the nine … 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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Armenian govt approves 2015 budget with 2.3% of GDP deficit

YEREVAN. Sept 25 (Interfax) – The Armenian government on Thursday approved a 2015 budget draft with real GDP growth of 4.1% and a budget deficit of 114.1 billion dram, or 2.34% of GDP. First Deputy Finance Minister Pavel Safaryan presented … Continue reading

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Russian Grids could see lost revenue of 600 bln rubles in 2015-2017 – Demin

MOSCOW. Sept 24 (Interfax) – OJSC Russian Grids (MOEX: RSTI) is estimating lost revenue in 2015-2017 at 600 billion rubles, First Deputy CEO Andrey Demin said at a meeting of the State Duma Energy Committee in Moscow on Wednesday. “The … 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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Kamaz swings to IFRS net loss of 1.5 bln rubles in H1 (Part 2)

MOSCOW. Aug 29 (Interfax) – Russian truck manufacturer OJSC Kamaz (MOEX: KMAZ) posted net loss to International Financial Reporting Standards (IFRS) of 1.5 billion rubles in the first half of 2014 versus 2.589 billion rubles in profit a year before, … Continue reading

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Vostok Nafta invests $25 mln in GetTaxi, sees capitalization topping $2 bln (Part 2)

MOSCOW. Aug 13 (Interfax) – Vostok Nafta, once a major player investor on the Russian stock market and now a direct investment fund, has made a few more major investments after a long hiatus. The fund, which earned $230 million … Continue reading

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