Stock market news

Moscow confectionery factory Krasny Oktyabr

Krasny Oktyabr's IFRS net income for six months of 2022 was ₽447.48 million, against a loss of ₽774.7 million in the previous year. Revenue rose 27.5% to ₽8.039 billion compared to ₽6.307 billion a year earlier.

INVEST-DEVELOPMENT

INVEST DEVELOPMENT's RAS net income for 6 months of 2022 was ₽205.18 million, up 13 times from ₽15.74 million in the previous year. Revenue increased 2.1 times to ₽190,000 vs. ₽90,000 a year earlier.

Far-Eastern Shipping Company

Volume of intermodal transportation by FESCO Group for six months of 2022 amounted to 244.8 thousand TEUs, an increase of 10% compared with 222.1 thousand TEUs a year earlier. International maritime traffic also increased by 10% to 137,400 TEUs. Coastal shipments increased by 9% to 38,600 TEUs. Transshipments of general cargo and oil products at VMTP dropped...

South Urals Nickel Plant

South Urals Nickel Plant's IFRS net profit for six months of 2022 was ₽138.14 million, against a loss of ₽474.93 million in the previous year. Revenue fell 3.4 times to ₽27.973 million versus ₽94.047 million a year earlier.

Solikamsk magnesium plant

Solikamsk Magnesium Plant's IFRS net income for six months of 2022 was ₽3.036 bln, up 15.6 times from ₽0.194 bln in the previous year. Revenue increased 79.4% to ₽7.829 billion compared to ₽4.363 billion a year earlier.

Far-Eastern Shipping Company

Far Eastern Shipping Company's IFRS net income for 6 months of 2022 was ₽14.465 billion, up 25.1% from ₽11.564 billion in the previous year. Revenue increased 76.5% to ₽84.347 billion compared to ₽47.797 billion a year earlier.

Tatneft

Tatneft sold its tire business to Tatneftekhiminvest Holding for ₽35.55 billion with an installment payment, it became known from the oil company's reports. Tatneft signed an agreement to sell its tire business in Russia in the middle of May and closed the deal in June. Sale of non-core assets will allow company to concentrate on key strategic projects.

Sistema

Sistema's IFRS loss for six months of 2022 was ₽1.19 bln, versus a profit of ₽11.786 bln in the previous year. Revenues increased 22.8% to ₽427.76 billion versus ₽348.28 billion a year earlier.

KAMAZ

Kamaz has decided not to disclose its financial results for first half of 2022. Automaker does not comment on decision. In middle of June the company's general director Sergey Kogogin said that financial results for first half of 2022 are not worse than year before. Kamaz's revenues for 6 months of 2021 amounted to ₽118.85 billion, net profit - ₽3.97 billion...

MOEX Group (Moscow Exchange)

Moscow Exchange is considering the possibility of not just zeroing the rate on the derivatives market for makers - bidders, who put an order and thus provide liquidity in trading, but also to pay them extra for this. While this idea is being discussed with the market participants, the managing director of the derivatives exchange Vladimir Yarovoy said.