Stock market news

United Aircraft Corporation

UAC will establish a joint venture with Glory Air, a company engaged in localization of advanced technological solutions in the field of drones. Joint venture will produce civil and special purpose aircraft-type drones with vertical takeoff and landing capability, weighing from 20 to 200 kg. Parties have already defined the format of work and are conducting...

Sberbank

Samokat's turnover in the first half of the year increased by 90.3% to ₽68.5 billion, according to INFOLine-Analytics data. At the end of Q2 2023, the company became the leader in the Russian e-grocery market in terms of turnover. Number of orders delivered exceeded 92 million, the average number of orders per day increased by 57.7% year-on-year. Now Samokat...

Softline

Following the spin-off of the Russian business, a portion of Noventiq stock options were converted into Softline stock options as part of a long-term employee incentive program. Currently, employees have already received 19.5 million Softline shares. A total by August 20, 2023, participants in the program are scheduled to be credited with 30 million shares.

Noventiq

Following the spin-off of the Russian business, a portion of Noventiq stock options were converted into Softline stock options as part of a long-term employee incentive program. Currently, employees have already received 19.5 million Softline shares. A total by August 20, 2023, participants in the program are scheduled to be credited with 30 million shares.

Bank St. Petersburg

Bank Saint-Petersburg's RAS net profit for 6 months of 2023 amounted to ₽28.229 billion, net interest income - ₽23.132 billion. Figures for the same period last year are not disclosed by the bank.

Kuznetskiy Bank

Bank Kuznetsky's RAS net profit for 6 months of 2023 amounted to ₽145.29 million, net interest income - ₽196.02 million. Figures for the same period last year the bank does not disclose.

Alrosa

Alrosa's Mirny-Nyurba Mining and Processing Division plans to start associated gold mining in 2024. Precious metal will be extracted from the Irelyakh River placer in the Mirny District of Yakutia. Another Alrosa division, Almazy Anabara JSC, is currently engaged in associated placer gold mining. Company's annual production volume is 150 kg of precious metal...

RUSAL

Rusal in 6 months of 2023 produced 1.913 million tons of aluminum, up 1.2% from 1.891 million tons in the previous year. Sales volume increased 9.8% to 1.935 million tons. Average realized price was $2,501 per ton, down 25.7%. Alumina production was 2.518 million tons, down 23.7%. Bauxite production increased by 0.2% to 6.754 million tons.

VK

VK's shareholders approved the company's redomiciliation from the British Virgin Islands to the special administrative district of Oktyabrsky Island in Kaliningrad Region. At the same time, decisions were made to delist the company's receipts and Eurobonds from the London Stock Exchange and to obtain a primary listing of shares on the Moscow Exchange.

RUSAL

Rusal's IFRS net profit for 6 months of 2023 amounted to $0.42 bln, down 4 times from $1.68 bln in the previous year. Revenue decreased by 16.9% to $5.945 bln vs. $7.153 bln a year earlier.