17:05NorNickel releases FY 2007 results
NorNickel's FY 2007 results show mixed financial performances. The company's revenue has demonstrated a steady upturn; however, the company's margin has dropped. This was caused by large write-offs due to the revaluation of investments in OGK-3 and Lion Ore and by outrunning growth of expenses as compared to revenue.
11:07Bank St Petersburg releases robust 1Q 2008 financials
Bank St. Petersburg has released its 1Q 2008 financials which show robust growth – superior to the average for the sector. We are moderately upbeat about the published financials and put the narrower margins down to the bank's lower-risk loan portfolio.
10:38Uralkali secures contract with Brazil at USD 1,000 per ton
Uralkali has signed a contract with Brazil at USD 1,000 per ton, which should bring the world potash fertilizer market to a new level and enable potassium chloride producers to markedly raise revenues.
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