Stock market news

Abrau-Durso

Abrau-Durso launched Russia's first production of original Cuban rum Danza del Fuego at the Loza plant in the Krasnodar region. Company imports ready-made rum distillates to Russia and dilutes them with purified water to the required 40%, filters and bottles them. Each batch of rum is produced under the control of specialists from Cuba, who accompany all sta...

Sistema

Element, a joint venture of Rostec and Sistema JSFC, intends to establish in Tomsk the development and production of radio modules for communication base stations. Tomsk State University may become a partner of Element, which will undertake the training of specialists and research. Market participants assess the project positively, but cautiously: they hope...

Ryazan Energy Supply Company

Ryazan Energy Sales Company's RAS net profit for 2023 amounted to ₽1.008 billion, up 20.7% from ₽0.835 billion in the previous year. Revenue increased 7.2% to ₽13.977 billion against ₽13.035 billion a year earlier.

M.Video

M.Video's RAS net profit for 2023 amounted to ₽131.86 million, up 45.6% from ₽90.59 million in the previous year. Revenue declined 0.4% to ₽226.42 million from ₽227.42 million a year earlier.

Yakutskenergo

Yakutskenergo's RAS loss for 2023 amounted to ₽0.775 billion, down 27.8% from ₽1.073 billion in the previous year. Revenue increased 34.3% to ₽37.33 billion against ₽27.79 billion a year earlier.

Renaissance Insurance

Renaissance Insurance's management has recommended that the board of directors consider a dividend payout of ₽2.3 per ordinary share for 2023. Dividend yield could be as high as 2.2%.

Renaissance Insurance

Renaissance Insurance's IFRS net profit for 2023 was ₽10.33 billion, up 3 times from ₽3.59 billion in 2021. Net earned premiums increased 20.8% to ₽116.97 billion vs. ₽96.8 billion.

M.Video

M.Video's IFRS loss for 2023 amounted to ₽6.613 billion, down 35.8% from ₽10.299 billion in the previous year. Revenue rose 7.9% to ₽434.39 billion against ₽402.46 billion a year earlier.

Sberbank

Sberbank's net profit by RAS in February 2024 amounted to ₽120.4 billion, up 4.8%. Net interest income increased by 22.4% to ₽199.2 billion. Fee and commission income increased by 9.5% to ₽55.9 billion.

VK

VK is testing its own artificial intelligence training solution that can simultaneously train on data from different databases without actually sharing it and risking personal data leakage. Nowadays, companies have to share data with each other, with the service developers and the owner of the infrastructure that processes it, in order to train an analytical...