Public Joint Stock Company Raspadskaya reported consolidated earnings and operating results for the first half ended June 30, 2017. For the period, revenue was $439 million against $193 million reported a year ago. Due to an increase in the average FCA price of 128% and a rise in sales of 11%. Net profit for the period was $168 million against $49 million reported a year ago. EBITDA was $235 million against $53 million reported a year ago. Net operating cash flow was $201 million against $21 million reported a year ago. Capex was $39 million against $15 million reported a year ago. As of the end of first half, Raspadskaya's net debt stood at $167 million against $399 million a year ago. Operating profit was $225 million against $81 million a year ago. Profit before tax was $211 million against $62 million a year ago. EBIT was $209 million against $35 million a year ago. Profit per share was 23.7 cents against 7.0 cents a year ago.

For the first half of 2017, the company's overall coal production (all grades) totalled 6 million tonnes, compared with 4.9 million tonnes in first half of 2016. The Raspadskaya mine performed particularly well, boosting output to 3.6 million tonnes, up 37% year-on-year, by reducing time needed for longwall move and optimising downtime during mining.