Mechel PAO reported earnings results for the half year ended June 30, 2023. For the half year, the company reported sales was RUB 194,686 million compared to RUB 249,154 million a year ago. Net loss was RUB 3,478 million compared to net income of RUB 69,412 million a year ago.

Basic loss per share from continuing operations was RUB 8.59 compared to basic earnings per share from continuing operations of RUB 171.48 a year ago.