Stock market news

Kuznetskiy Bank

Bank Kuznetsky's net income under RAS for 2022 was ₽221.64 million, up 2.9 times from ₽76.44 million in the previous year. Net interest income declined 2.6% to ₽332.98 million versus ₽341.92 million a year earlier.

AT&T

AT&T's Board of Directors announced a quarterly dividend of $0.2775 per share. The last day to buy securities to receive the dividend is April 6, 2023. The annual dividend yield may reach 5.98%.

Aeroflot

Aeroflot's Board of Directors has developed an approach to the distribution of financial results, according to which it is not planned to pay dividends for 2022. It is noted that the company remains committed to the dividend policy, which provides for the payment of at least 25% of IFRS profits. Recommendation on payments is given by the board of directors i...

Chelyabinsk Press-Forging Plant

Chelyabinsk Forging Press Plant's net profit under RAS for 2022 was ₽150.38 million, down 3.5 times from ₽526.33 million in the previous year. Revenue increased 45.7% to ₽22.576 billion versus ₽15.494 billion a year earlier.

Kostroma power sales Company

Kostroma Sales Company's net income under RAS for 2022 was ₽40.283 million, up 9.6% from ₽36.762 million in the previous year. Revenue increased 4.7% to ₽9.729 billion vs. ₽9.288 billion a year earlier.

Territorial Generating Company № 2

TGC-2's RAS net income for 2022 was ₽85.493 million, down 64% from ₽237.41 million in the previous year. Revenue fell 2.4% to ₽41.86 billion compared to ₽42.881 billion a year earlier.

Magnitogorsk Iron and Steel Works

MMK withdrew from a joint project with the Turkish component manufacturer Coskunoz - a service metal center for the needs of the automotive industry in the SEZ Alabuga, as follows from the Unified State Register of Legal Entities. Metal center specializes in the production of steel blanks for automotive components. Project was founded at the end of 2016. and...

Kazanorgsintez

Kazanorgsintez filed a claim with the Arbitration Court of Tatarstan for recovery of ₽9.5 billion advance payment from Siemens for the construction of a 250 MW combined-cycle plant for the needs of the chemical plant. The CCPP was supposed to be commissioned on a turnkey basis by March 2023, but in July 2022 Siemens notified that it was refusing to fulfill i...

Samolet Group of Companies

Developer Samolet intends to build a residential complex on 709,3 thousand square meters near Bolshoye Svinorie village in Marushkinskoe settlement in new Moscow. The residential part will include 517,7 thousand sqm. The development will also include kindergartens, schools, a fitness center, a community center and surface parking lots.

Lenta

Lenta retailer will launch a pilot project in 10 hypermarkets in St. Petersburg in the first half of April. There will appear specialized departments Tobacco Point. Stores with area from 8 to 20 sq.m. will work in sublease area. Retail chain is planning to test the pilot project till the end of June 2023. In case of its success the company will decide on sca...