OJSC Raspadskaya reported earnings results for the year ended December 31, 2015. For the year, the company boosted earnings before taxes, depreciation and amortization (EBITDA) to $106 million from $44 million in 2014. Net loss decreased 2.43 times to $126 million from $306 million the year before.

Revenue decreased by 5.42% to $419 million from $443 million. Capex totaled $36 million, down from $67 million in 2014. Net debt amounted to $441 million, down from $473 million a year previously.

Revenue from coal sales totaled $341 million in 2015, down 14% year-on-year. Net operating cash flow was $104 million compared with $118 million in 2014. Operating loss decreased 2.94 times to $119 million from $350 million, loss before tax 2.49 times to $156 million from $389 million.