Stock market news

Electrozinc

Electrozinc's RAS loss for 3 months of 2023 was ₽60.85 million, down 6 times from ₽351.35 million in the previous year. Revenue rose 39.3% to ₽434.08 million versus ₽311.55 million a year earlier.

TNS Energy Kuban

TNS Energo Kuban's RAS net profit for 3 months of 2023 was ₽429.93 million, up many times from ₽0.033 million in the previous year. Revenue rose 14.1% to ₽21.731 billion vs. ₽19.049 billion a year earlier.

Seligdar

Seligdar's IFRS net income for 2022 was ₽4.143 billion, down 2.5 times from ₽10.398 billion in the previous year. Revenue was down 2.5% to ₽34.722 billion compared to ₽35.616 billion a year earlier.

MMC Norilsk Nickel

Board of Directors of Nornickel has recommended shareholders not to pay dividends for 2022. Management is cautiously optimistic about the outlook for 2023. If the company's cash flow is positive and the level of net debt to EBITDA is comfortable, the company may pay interim dividends.

Stavropolenergosbyt

Stavropolenergosbyt's net profit under RAS for 3 months of 2023 was ₽253.43 million, up 3.8 times from ₽65.61 million in the previous year. Revenue rose 15.1% to ₽6.949 billion versus ₽6.037 billion a year earlier.

LSR Group

Value of new contracts of LSR for 3 months of 2023 decreased by 36.9% and amounted to ₽25.7 billion. In physical terms, the volume of sales decreased by 26% to 161 thousand square meters. Share of mortgage transactions amounted to 77%, increasing by 2 p.p. 217 thousand square meters of net sellable area were commissioned, which is 3.1 times more than the yea...

MMC Norilsk Nickel

Nornickel's RAS loss for 3 months of 2023 was ₽31.664 billion, against a profit of ₽13.875 billion in the previous year. Revenue decreased by 14.9% to ₽199.35 billion versus ₽234.37 billion a year earlier.

EN+ Group

En+ Group would like to abandon three of its 12 thermal power plant modernization projects without penalties, Mikhail Khardikov, the company's head of the energy business, said. We are talking about Irkutskaya CHPP-10, Ust-Ilimskaya CHPP and Avtozavodskaya CHPP. Company applied for tenders for modernization, having commercial offers from manufacturers and un...

Rushydro

RusHydro commissioned the Krasnogorsk small HPPs in Karachaevo-Cherkessia. Electric power plants use a common 148-meter-long and 31-meter-high dam on the Kuban River below the existing Zelenchukskaya HPP-GES. Capacity of each of them is 24.9 MW, average annual output - 85 million kWh.

Himprom

Himprom's RAS net profit for 3 months of 2023 was ₽682.9 million, up 2.1 times from ₽326.32 million in the previous year. Revenue rose 9.8% to ₽3.499 billion compared to ₽3.187 billion a year earlier.