Stock market news

Sovcombank

Sovcombank's IFRS net profit for 2024 amounted to ₽77.23 billion, down 18.7% from ₽95.04 billion in the previous year. Net interest income rose 13.8% to ₽158.06 billion against ₽138.9 billion a year earlier. Commission income rose 47% to ₽39.5 billion.

Mobile TeleSystems

MTS is spinning off MTS Web Services cloud business into a separate business line - a cloud integrator, which will deal with complex projects on cloud implementation and digital transformation in large businesses. These include projects in the field of data management and artificial intelligence, as well as professional services. New structure will have its...

RUSAL

Rusal's IFRS net profit for 2024 amounted to $803 million, up 2.8 times from $282 million in the previous year. Revenue decreased by 1% to $12.08 bln vs. $12.2 bln a year earlier.

Rushydro

RusHydro's IFRS loss for 2024 amounted to ₽61.16 billion against a profit of ₽32.1 billion in the previous year. Revenue increased by 13.6% to ₽579.8 billion against ₽510.3 billion a year earlier.

Solikamsk magnesium plant

Representative of the Prosecutor General's Office said that 310 minority shareholders joined the agreement to recognize the lawsuit and drop the appeal in exchange for Rosatom paying compensation of ₽9600 per share. Total minority shareholders are 2,300. Thus, almost 13.5% of minority shareholders accepted the offer. But these are shareholders who are not pa...

Yandex

Board of Directors of Yandex decided to increase the authorized capital by placing 6 million ordinary shares by private subscription in favor of ESOP SPV LLC, which acts as the operator of the employee incentive program. Final number of shares to be placed will be calculated based on the number of shares specified in the employees' applications for the exerc...

Yandex

Board of Directors of Yandex recommended that dividends be paid for 2024 in the amount of ₽80 per ordinary share. The last day of the purchase of securities to receive dividends is April 25, 2025. Dividend yield may amount to 1.8%.

TMK

TMK's RAS net profit for 2024 amounted to ₽17.6 billion, down 2.2 times from ₽39.2 billion in the previous year. Revenue fell 12.3% to ₽431.4 billion against ₽491.9 billion a year earlier.

Delimobil

Delimobil's RAS loss for 2024 amounted to ₽0.5 billion against a profit of ₽1.5 billion in the previous year. Revenue increased by 34.5% to ₽23.8 billion against ₽17.7 billion a year earlier.

Far-Eastern Shipping Company

Fesco Transportation Group launches intermodal container transportation between Laos and Russia via the Vietnamese port of Da Nang as part of its geographic expansion of logistics services in Southeast Asia. Containers are loaded and shipped in ten major locations in Laos, including Vientiane, Savannakhet, Pakse and other cities of the country. Transit time...