Stock market news

Federal Grid Company - Rosseti

Rosseti's RAS net income for 2022 amounted to ₽52.212bn, up 88.6% from ₽27.682bn the year before. Revenue increased 2.4% to ₽253.53 billion compared to ₽247.61 billion a year earlier.

Solidcore Resources

Polymetal opened a mining and processing plant in Krasnoturyinsk. New facility will process ore from the Pescherny deposit ten kilometers away from Krasnoturyinsk. Capacity of the plant is 450 thousand tons of ore per year. Investments in the project amounted to more than ₽7 billion.

Nebius Group

Service Yandex.Reality added to the catalog offers to buy apartments in Turkey. Now more than 300 objects are available. About 70% of the projects in Istanbul, there are also new buildings in Alanya, Antalya, Bodrum and Izmir. At the same time 64% of the objects are already delivered apartment complexes. Turkey has become the second foreign region in Yandex....

Ozon Holdings

Ozon plans to start operations in Armenia this fall. Company intends to open a local marketplace and build its own logistics infrastructure in the country. Marketplace will also actively attract local sellers, who will be able to sell through Ozon both in Armenia and Russia.

VK

VK disclosed the details of the Nau Engine - it will support popular operating systems, including Linux. There will also be a possibility to use neural networks to solve technological problems. Nau Engine will have tools of visual programming and zero-coding, support of such graphics APIs as DirectX12, Vulcan, Metal, as well as Ray Tracing and DLSS graphics...

Hello Group (Momo)

Hello Group's GAAP net income for 3 months of 2023 was CN¥389.46 million, up 34.9% from CN¥288.78 million in the previous year. Revenue declined 10.5% to CN¥2.819 billion from CN¥3.148 billion a year earlier.

Sistema

JSFC Sistema is interested in entering the bionic prosthetics market and may buy a stake in Motorika LLC, Kommersant sources told Kommersant. As of March 2022, the company had produced a total of 3,500 prostheses, and 1,800 more a year after that. Now Motorika is working on launching production of robotic prosthetic legs. Co-founder of Motorika Ilya Cheh tol...

Magnitogorsk Iron and Steel Works

MMK is in talks to buy the Tikhov coal mine in Kuzbass for ₽22 billion from the Industrial and Metallurgical Holding Company, sources told Interfax. The coal reserves at the mine are of the scarce Zh and 2Zh grades in Russia. Coal has a low ash content of 33-40% and a high percentage of fat coals, which is rare for Russian deposits. Design capacity of the mi...

INARCTICA (Russian Aquaculture)

INARCTICA's board of directors has recommended a dividend of ₽10 per common share for the first quarter of 2023. The last day to buy the securities to receive the dividend is July 7, 2023. The dividend yield could be 1.7%. At the end of 2022, the company's management has recommended that no dividends be paid.

Apple

Apple has unveiled the Apple Vision Pro mixed reality helmet, which superimposes virtual objects onto real space. Apple Vision Pro is designed primarily for gaming, work and communication. Mixed reality helmet will cost $3499 in the United States. It will go on sale in early 2024. This is the first major new category product for the company since 2014, when...