Stock market news

Abrau-Durso

Abrau-Durso's RAS loss for 9 months of 2022 was ₽205.29 million, down 10.7% from ₽229.8 million in the previous year. Revenue rose 23.4% to ₽201.83 million versus ₽163.6 million a year earlier.

MOEX Group (Moscow Exchange)

Moscow Exchange has launched options on 21 Russian stocks. Options are cash settled and of the European type, which means that the contracts are executed on the last day of circulation without the possibility of early expiration. In addition, there is no daily accrual or write-off of variation margin. First use of new instrument will be available to clients...

NOVATEK

Duma Committee on Budget and Taxes has approved amendments to the Tax Code, which will increase the profit tax for exporters of liquefied natural gas from 20% to 34% for the years 2023-2025. The text of the bill clarifies that the tax increase will only affect companies that exported gas before December 31, 2022. It is expected that the State Duma will consi...

Kurgan Generation Company

Kurgan Generation Company's loss under RAS for 9 months of 2022 was ₽33.757 million, against a profit of ₽102.02 million in the previous year. Revenue increased 7.4% to ₽5.243 billion, compared to ₽4.882 billion a year earlier.

KAMAZ

Automobile Concern Kamaz and Sitronics Group, part of Sistema, have entered into an agreement on long-term cooperation in the field of electrification of transport in Russian regions. Parties plan to develop a comprehensive solution for manufacturing public electric transport products and components, their operation and service. In 2022, the companies succes...

Nebius Group

Yandex.Maps service launches an improved search based on neural networks and machine learning. Improved search will look for information through the company's site, in reviews, photos, menus, and price lists. Neural networks will analyze this data and select places for the user with the most appropriate score. For example, the user is interested in a sauna w...

Sistema

Automobile Concern Kamaz and Sitronics Group, part of Sistema, have entered into an agreement on long-term cooperation in the field of electrification of transport in Russian regions. Parties plan to develop a comprehensive solution for manufacturing public electric transport products and components, their operation and service. In 2022, the companies succes...

Magnit

Retail chain for the sale of cosmetics, household chemicals and household goods Magnit Cosmetics began sales on the marketplace Ozon. Magnit Cosmetics' products are presented on the marketplace in shop-in-shop format: a special showcase displays products in the categories Beauty and Health, Baby Care, and Household Goods. By the end of this year the assortme...

T-Technologies

Tinkoff Bank brought the service Travel into Tinkoff Travel LLC, which is owned by the former head of Oleg Tinkov's La Dacha project, Alexander Malakh. "The Tinkoff Travel service is developing successfully and growing rapidly, so we decided to spin it off into a separate LLC," the bank's press service explained.

Walt Disney

Walt Disney's GAAP net income for fiscal year 2022 was $3.505 billion, up 39.8% from $2.507 billion the previous year. Revenue increased 22.7% to $82.722 billion from $67.418 billion a year earlier.