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organizers said. ● Other
HeadHunter, the Russian online recruiting platform, announced in a statement on March 8 that its net income in October-December 2022, calculated under International Financial Reporting Standards (IFRS), had risen by 34.5% compared to the previous year, reaching 2.039bn rubles. During the same period, revenue increased by 9.1% to 4.938bn rubles, with the Russia segment contributing 4.579bn rubles, an increase of 8.4%. Additionally, adjusted earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 17.2% to 2.594bn rubles, and the adjusted EBITDA margin increased by 3.6 percentage points to 52.5%.
9.2.8 Telecoms corporate news
The net profit of Russian mobile operator MTS decreased 60.1% on the year to 5.4bn rubles in October–December 2022, as calculated under International Financial Reporting Standards (IFRS), the company said on March 3 in a statement. Revenue rose 1.6% to 144.4bn rubles “driven primarily by the company’s Telecom, Fintech and Media segments.”Operating income before depreciation and amortization (OIBDA) went up 0.4% to 55.6bn rubles “supported by growth in telecom, fintech and media service.” The operating profit increased 8.1% to 27.8%bn rubles. The net debt narrowed 1.5% to 383.7bn rubles.
Russian mobile operator MegaFon will not disclose its 2022 financial results, the company said late on Thursday in a statement. “In compliance with the ruling of the government of the Russian Federation, MegaFon...decided not to release the annual consolidated financial statement for 2022 with the auditor’s report,” the company said. MegaFon’s revenue increased by 10.9% on the year to 97.1bn rubles in October–December 2021, as calculated under International Financial Reporting Standards.
9.2.11 Mines and Minerals - gold & diamonds
The confirmed and estimated ore gold reserves of Polymetal Int, uniting assets of gold producer Polymetal, decreased by 9% to 24.7mn ounces in 2022, the company said in a statement on March 1. Silver reserves fell by 12% to 211.3mn ounces. The ore reserves of the company amounted to 27.3mn ounces in gold equivalent, with content in ore of 3.6 grams per tonne. The proven reserves stand at 6mn ounces, with content of 2.8 grams per tonne as of the start of 2023.
Russian gold producer Polymetal International posted a net loss of $288mn in 2022 after a net profit of $904mn in 2021, as calculated under
196 RUSSIA Country Report Russia April 2023 www.intellinews.com