Stock market news

Transneft

Transneft plans to complete the expansion of oil pipelines in 2025 to increase oil supplies to the ports of Primorsk and Novorossiysk. Capacity of oil transportation to Novorossiysk will increase by 15 mln tons to 52 mln tons per year. To Primorsk - by 5 million tons to 52 million tons per year, and with the use of an anti-turbulence additive to 57 million t...

Russneft Oil Company

Russneft's RAS net profit for 3 months of 2024 amounted to ₽12.29 billion, up 4 times from ₽2.99 billion in the previous year. Revenue rose 76.9% to ₽71.46 billion against ₽40.4 billion a year earlier.

MTS-Bank

Clients of the MTS ecosystem are less risky for MTS Bank and have a greater monetization potential, while the cost of attracting them is 79% lower than that of external clients. Cost of attracting clients through MTS communication salons is 61% lower than through external channels. In Q4 2023, the bank attracted about 200 thousand new active clients on avera...

KAMAZ

Kamaz's RAS net profit for 3 months of 2024 amounted to ₽1.442 billion, down 6 times from ₽8.512 billion in the previous year. Revenue increased 13.8% to ₽82.01 billion against ₽72.072 billion a year earlier.

Yakovlev

Yakovlev's RAS loss for 3 months of 2024 amounted to ₽455.27 million, up 3 times from ₽72.37 million in the previous year. Revenue was not disclosed by the company.

Zaymer

MFC Zaimer's disbursements for 3 months of 2024 totaled ₽13.651 billion, up 7.2% from ₽12.735 billion a year earlier. PDL loan disbursements declined 2% to ₽10.306 billion. IL loan disbursements increased 48.2% to ₽3.292 billion. Disbursements to new customers rose 33.8% to ₽1.27 billion and to repeat customers rose 5.1% to ₽12.381 billion.

Seligdar

Gold production by Seligdar Holding in Q1 2024 amounted to 845 kg, up 9% from 777 kg a year earlier. Gold sales volume increased by 32% to 1,107 tons. Tin production fell 5% to 617 tons. Copper production almost doubled to 566 tons. Revenue from gold sales increased by 77% to ₽6.7 billion. Average annual realized gold price increased by 33%.

MTS-Bank

MTS Bank is considering three options for utilizing the IPO proceeds. First - insurance or some other complimentary business lines. Second - several M&A deals are being considered, which will allow to obtain additional synergy in the business and acquire additional capital. Third option - to continue to grow organically.

South Urals Nickel Plant

South Urals Nickel Combine's RAS loss for 3 months of 2024 amounted to ₽25.346 million, against a profit of ₽1.183 million in the previous year. Revenue increased by 50.3% to ₽94.285 million against ₽62.725 million a year earlier.

Perm Energy Supply Company

Board of Directors of Perm Power Supply Company recommended to pay dividends of ₽28.4 per ordinary and preferred share for 2023. Last day to purchase securities to receive the dividend is May 23, 2024. Dividend yield on common stock could be 11.05% and on preferred stock could be 10.77%.