LSR's RAS net profit for 9 months of 2023 amounted to ₽32.857 billion, an 11-fold increase from ₽2.969 billion in the previous year. Revenue increased 5 times to ₽38.307 billion compared to ₽7.474 billion a year earlier.

Value of LSR's new contracts in 9 months of 2023 amounted to ₽145 billion, up 2.3 times from ₽64 billion a year earlier. In physical terms, the volume of sales increased 2.1 times, to 775 thousand square meters. Share of mortgage transactions amounted to 76%.

LSR acquired Azurny Bereg LLC registered in Sochi, according to the data of the Unified State Register of Legal Entities. Transaction allowed to obtain the rights to improve the beach strip near the sanatorium Volna and boarding house Kristall, which LSR acquired in 2021. Company plans to invest about ₽25 billion in the reconstruction of the facilities, crea...

Andrey Molchanov, the majority owner of LSR, reduced his stake in the company from 65.1% to 55.1%. His son Egor Molchanov, on the contrary, increased his stake in the company from 1% to 11%. Earlier, on June 1, Andrei Molchanov had already transferred 10% in the company to his son. Then on June 9, he increased his stake in the company again from 55.1% to 65....