... to openness and transparency, building a fair competitive environment with real prices and equal access for all market participants, regardless of their size. In the spring of 2024, OPEN OIL MARKET will go to pre-IPO. The placement of OPEN OIL MARKET shares is carried out by closed subscription to a limited number of people on the platform of JSC VTB Registrar. The company's shares can be purchased by anyone registered on the VTB Registrar investment platform, as well as through the FINAM Broker. ...

... and investments in infrastructure and technology development. Profit Before Tax and Taxes Profit Before Tax: 20.5 billion RUB compared to 38.7 billion RUB last year. Income Tax Expenses: 4.1 billion RUB versus 6.8 billion RUB last year. Earnings Per Share Metrics Basic Earnings Per Share: 0.74 RUB (down from 1.79 RUB last year). Diluted Earnings Per Share: 0.70 RUB (down from 1.71 RUB last year). Investor Outlook Sovcombank's report for H1 2025 reflects a significant decrease in profitability due ...

... Russian suppliers agreed to increase the discount on Urals oil by approximately $5 per barrel relative to the indicative Brent price to retain the Indian market. In effect, Russia is compelled to offer India even cheaper oil in a bid to maintain its share in this key Asian segment. For New Delhi, this represents a significant advantage: India's state bank estimates that a complete abandonment of Russian imports would cost the economy about $9 billion in the current fiscal year and up to $12 billion ...

... Risks of Going Public Despite the appeal of an IPO, developers face several difficulties. In a high key rate environment, investors tend to prefer stable and profitable assets such as bank deposits. This means that developers will likely have to offer shares at a significant discount to attract potential market participants. Moreover, investors demand transparency and high liquidity. Many construction companies, particularly those of medium size, are not prepared for such extensive business restructuring....

... base income of miners, instantly raising the breakeven threshold for equipment. Such shocks can only be offset by increases in prices or reductions in operational costs. Network Difficulty and Hash Rate. These parameters dictate how many miners must share a fixed income. When Bitcoin mining difficulty reaches record highs, as it did prior to the recent recalibration, the share of each miner declines, thereby reducing profitability per unit of hash. The opposite scenario occurs with falling hash rates: ...