Public Joint Stock Company Magnitogorsk Iron & Steel Works reported earnings results for the full year ended December 31, 2023. For the full year, the company reported sales was RUB 763,390 million compared to RUB 699,817 million a year ago. Net income was RUB 118,177 million compared to RUB 70,174 million a year ago.

Basic earnings per share from continuing operations was RUB 10.592 compared to RUB 6.297 a year ago. Diluted earnings per share from continuing operations was RUB 10.592 compared to RUB 6.297 a year ago.