Stock market news

Shell

The Shell Board of Directors announced a quarterly dividend of $0.662 per ADS. The last day to buy securities to receive the dividend is August 9, 2023. The annual dividend yield may reach 3.41%.

Ryazan Energy Supply Company

Ryazan Energy Sales Company's RAS net profit for the 6 months of 2023 amounted to ₽495.16 million, up 27.1% from ₽389.56 million in the previous year. Revenue increased 9.8% to ₽6.938 billion against ₽6.32 billion a year earlier.

Magnit

Retailer Magnit opened in Moscow a new superstore Magnit Extra, which became the third large format store of the retail chain in the capital. This is the first new superstore of Magnit in Moscow since 2015. Assortment of the store has more than 24 thousand items, the share of categories fresh and ultra-fresh accounts for 17%. In the future, the assortment is...

VTB Bank

VTB's IFRS net income in 2Q 2023 amounted to ₽142.6 billion, YTD - ₽289.8 billion. Net interest income in 2Q 2023 amounted to ₽194.6 billion, in 6 months of 2023 - ₽367.9 billion.

Shell

Shell's IFRS net profit for 6 months of 2023 amounted to $11.926 bln, down 2 times from $25.557 bln in the previous year. Revenue fell by 11.4% to $165.04 bln vs. $186.25 bln a year earlier.

VK

VK plans to enter the market of ticket aggregators and build a new service into its social network Vkontakte, follows from the vacancies posted by VK in a new project related to the entertainment industry. Vedomosti's source confirmed that the company is now working on creating a ticketing infrastructure and the necessary technological services. A VK represe...

Rosseti Kuban

Rosseti Kuban's RAS net profit for 6 months of 2023 amounted to ₽3.867 billion, up 2-fold from ₽1.97 billion in the previous year. Revenue increased 21.8% to ₽35.889 billion against ₽29.467 billion a year earlier.

Lenta

Retail chain Lenta is considering acquiring the operator of over 2,000 Monetka discounters in Yekaterinburg, Perm, Tyumen and other cities, whose profitability is higher than that of a number of federal market players. It is planned that Monetka stores will continue to operate under this brand, the same name will be given to the supermarket chain Semya in Pe...

Phosagro

Phosagro plans to increase exports to Africa by 1.8 times to 1 million tonnes per year by 2025. Exports to Africa will be increased through the launch of a fertilizer production complex at the Volkhov plant with a capacity of 1 million tonnes per year. Main product of the plant is ammophos. Its location near Baltic ports will facilitate exports to friendly c...

Far-Eastern Energy Company

Far East Energy Company's RAS net profit for 6 months of 2023 amounted to ₽1.872 billion, up 14.3% from ₽1.638 billion in the previous year. Revenue rose 32.9% to ₽81.27 billion against ₽61.134 billion a year earlier.