Stock market news

Far-Eastern Shipping Company

Fesco Transportation Group is considering the possibility of acquiring its own container terminal in St. Petersburg. Group now uses the Bronka terminal to ship container cargoes by sea from St. Petersburg to the Kaliningrad region.

Rostelecom

Operator Rostelecom started developing a new strategy - both due to the changed situation in the country and the achievement of the objectives of the current strategy ahead of the stipulated deadlines, Mikhail Oseevsky, President of the company, said. Current Rostelecom strategy for 2021-2025 envisages the growth of revenues by 2025 from ₽547 bln to ₽700 bln...

Hello Group (Momo)

The Hello Group (Momo) Board of Directors announced a quarterly dividend of $0.72 per share. The last day to buy securities to receive the dividend is April 26, 2023. The annual dividend yield may reach 8.57%.

Hello Group (Momo)

Hello Group's GAAP net income for 2022 was CN¥1.48 billion, against a loss of CN¥2.93 billion in the previous year. Revenue fell 12.8% to CN¥12.704 billion from CN¥14.576 billion a year earlier.

Gazprom

Gazprom's net profit under RAS for 2022 was ₽0.747 trillion, down 3.6 times from ₽2.684 trillion in the previous year. Revenue rose 24.9% to ₽7.979 trillion compared to ₽6.39 trillion a year earlier.

Fix Price Group

Fix Price opened a distribution center of 68 thousand square meters on the territory of the logistics park PNK Park Domodedovo 1. New hub is the 11th and the largest in terms of space for the chain. Object was developed by the built-to-suit model and is owned by the company. Investments in the project amounted to about ₽3,5 bln. Expected payback period is ab...

VK

VK's IFRS loss for 2022 was ₽3.91 billion, down four times from ₽15.697 billion the previous year. Revenue increased 19.3% to ₽97.77 billion compared to ₽81.98 billion a year earlier.

Rusagro

Rusagro plans to create a new terminal on the Black Sea in the city of Tuapse to export vegetable oils, which will reduce logistics costs and expand deliveries to major markets. At the moment, there is a need for new facilities, given the increase in oil production and exports. However, experts are concerned about possible shortage of raw materials and compl...

Detsky Mir

Retailer Detsky Mir acquired 25% in the wholesale distributor of children's toys - LLC Zebra Toys. Remaining 75% of the company received JSC Valan management, the founders of which were not disclosed. According to some reports, there may be at least one shareholder of Detsky Mir among the owners of Valan Management. Experts estimate the market value of Zebra...

Solidcore Resources

Polymetal's IFRS loss for 2022 was $288 million, against a profit of $904 million in the previous year. Revenue decreased by 3.1% to $2.801 billion from $2.89 billion a year earlier.