Shares of “Yandex” rose by 10.05%, up to 1725.6 rubles per share in afternoon trading on Wednesday, April 27. Quotes of the company are growing amid the publication of financial statements for the first quarter of the year, RBC notes.

The company’s total revenue increased by 45% and amounted to 106.01 billion rubles compared to 73.13 billion rubles last year. Total adjusted EBITDA decreased by 88% to RUB 1.27 bln.

At the same time, the group’s net loss amounted to RUB 13.03 bln, compared to RUB 3.22 bln last year.

The number of subscribers to the Yandex Plus media service increased by 36% to 12.2 million people.