Stock market news

Kovrov Mechanical Plant

Kovrov Mechanical Plant's loss under RAS for 3 months of 2023 was ₽51.686 million, up 4.2 times from ₽12.271 million in the previous year. Revenue increased 3.4% to ₽328.16 million versus ₽317.47 million a year earlier.

Dow

The Dow Board of Directors announced a quarterly dividend of $0.7 per share. The last day to buy securities to receive the dividend is May 29, 2023. The annual dividend yield may reach 5.13%.

EL5-Energo

EL5-Energo's IFRS loss for 2022 was ₽20.218 billion, versus a profit of ₽2.58 billion in the previous year. Revenue increased 4.6% to ₽50.481 billion, compared to ₽48.249 billion a year earlier.

NOVATEK

Cabinet will ask the Ministry of Energy and the Ministry of Natural Resources to look at possible approaches to securing a resource base for LNG production in response to Novatek's request to address the resource base for LNG projects, Russian Prime Minister Mikhail Mishustin said. The company has already prepared its vision of the necessary resource base an...

Progressive

Progressive's GAAP net income for 3 months of 2023 was $447.9 million, up 42.7% from $313.9 million in the previous year. Revenue increased 20.8% to $14.303 billion from $11.842 billion a year earlier.

NOVATEK

Novatek has patented an improved natural gas liquefaction technology Arctic Cascade Modified. Developed technological solutions make it possible to use equipment from Russian manufacturers. Upgraded technology is planned to be used in large-scale projects in the Arctic with an annual capacity of one line of 3 million tons.

Rostelecom

Operator Rostelecom plans to launch production of video surveillance cameras and various types of telecom equipment in Moscow and St. Petersburg in the next two months, Mikhail Oseevsky, president of the company, said at the Data Fusion conference. We will organize the production of a new class of home routers, communicators, controllers and other types of e...

VK

Social network VKontakte improved the API of chatbots and adapted them to the needs of different business areas. Thanks to the update, companies now have the ability to integrate notifications with action buttons into their chatbots. Using chatbots, companies in insurance, retail, tourism, and other industries can authorize customers, send transactional noti...

Delta Air Lines

Delta Air Lines's GAAP loss for 3 months of 2023 was $363 million, down 2.6 times from $940 million in the previous year. Revenue increased 36.5% to $12.759 billion from $9.348 billion a year earlier.

Tattelecom

Shareholders of Tattelecom approved dividends for 2022 in the amount of ₽0.05085 per ordinary share. The last day of purchase of securities to receive dividends is April 14, 2023. Dividend yield may amount to 7.41%.