... of Return (IRR). This is one of the main indicators used in assessing projects requiring investment. It defines the interest rate at which the present value of cash flows equals zero. At this rate, the investor can recover their investment, although profit cannot be anticipated. Net Present Value (NPV). This is the sum of discounted cash flows at the present time. The indicator helps to determine the volume of excess funds. Payback Period. This indicator defines the timeframe within which the investor can recoup their investment....

... the regions where it operates. Infrastructure development and job creation foster socio-economic growth in these areas. Impact on Investors: Growth in Financial Performance: In 2023, MMK's revenue increased by 9.1%, reaching 763 billion rubles, while net profit surged by 68%, amounting to 118 billion rubles. Tinkoff Journal Dividend Policy: The Board of Directors recommended dividends of 2.75 rubles per share for the fiscal year 2023. Sustainable Development: Environmental projects and production modernization ...

... day. The market anticipates very strong results: forecasts suggest revenue of around $44.5 billion (+14% year-on-year) with net earnings per share of ~$5.84 (+14% year-on-year). Key drivers include the recovery of the advertising business (advertisers ... ... possible – a year ago, there were instances where Meta's stock dropped due to a cautious forecast despite better-than-expected profits. Microsoft (MSFT) – a cornerstone of the IT industry – will also report after market close. This will be Microsoft’s ...

... export ban, oil companies have no choice but to slow the growth of retail prices. However, significant changes in the wholesale and exchange segments are unlikely, mainly due to declining profitability. According to the latest data from Rosstat, the net profits of Russian oil refineries fell by 61.5% in the first five months of 2025, amounting to RUB 521.5 billion. Such a drastic decline is largely attributed to a reduction in subsidies for oil producers. While the payments under the "damping" ...

... to Rosstat. Unspoken Market Constraints Oil companies have incentives to raise retail prices. On one hand, Russian refineries, most of which are part of vertically integrated oil companies (VIOCs), face rising costs. Rosstat data shows that the net profit of Russian enterprises across the economy grew by 13.8% in the first four months of 2024 to 10.05 trillion rubles. However, in petroleum product manufacturing, profits declined by 15.4% to 1.202 trillion rubles, and the share of unprofitable enterprises ...