Stock market news

United Wagon Company RPC

UWC early completed the collection of applications for participation in the additional issue. Company is offering 12.5 billion shares at ₽9.3 per share. Currently, the authorized capital of UWC consists of 115.997 million shares.

NOVATEK

Deputy Head of the National Energy Security Fund Alexei Grivach estimated the potential of Arctic LNG-2 at 3-4% of the entire global LNG market. Under the U.S. sanctions, under which the project came under on November 2, Novatek may lose this market share. However, how successful the sanctions will be depends on the buying countries. For example, Japan does...

Xiaomi

Xiaomi's IFRS net profit for 9 months of 2023 amounted to CN¥16.314 billion, a multiple of CN¥0.13 billion compared with CN¥0.13 billion in the previous year. Revenue fell 7.6% to CN¥197.73 billion against CN¥214 billion a year earlier.

VEON

VEON's IFRS net profit for 9 months of 2023 amounted to $1.099 bln, compared to a loss of $0.378 bln in the previous year. Revenue decreased by 2.5% to $2.745 bln vs. $2.816 bln a year earlier.

Pharmsynthesis

Board of Directors of Pharmsintez convened a meeting of shareholders to resolve the issue of increasing the authorized capital by placing additional shares by public subscription. Meeting will be held on December 21.

Magnit

Retailer Magnit will expand the geography of sales of packaged ready-to-eat food under its own brand M Kitchen. Range of ready-to-eat food M Kitchen counts about 65 items, covering the basic needs of consumers - from breakfast, lunch and dinner to solutions for snacks on the go. In the near future, the products of this line will appear in another 2,400 neigh...

Astra

Astra's IFRS net profit for 9 months of 2023 amounted to ₽1.335 billion, up 0.2% from ₽1.333 billion in the previous year. Revenue increased 98.1% to ₽4.672 billion versus ₽2.358 billion a year earlier.

Sovcomflot

Sovcomflot's IFRS net profit for 9 months of 2023 amounted to $702.21 mln, up 3.4 times from $206.17 mln in the previous year. Revenue increased 3.2 times to $1.758 bln vs. $0.543 bln a year earlier.

Softline

Majority shareholder of Softline sold 4.2% of the company to an institutional investor. Package was acquired by an independent investment company focused on growth equity investments through the acquisition of significant minority stakes in mature technology companies with further growth and expansion potential in Russia and CIS countries. Amount and other t...

LUKOIL

Bulgaria has decided to accelerate the rejection of Russian oil at Lukoil's Burgas refinery. Authorities have banned the refinery from exporting oil products since January and banned it from refining Russian oil since March. Experts believe that the Bulgarian authorities are forcing Lukoil to sell the refinery in this way.