Stock market news

Primorie Bank

AKB Primorye's RAS net profit for 2023 amounted to ₽1.685 billion, down 59.8% from ₽4.187 billion in the previous year. Revenue increased 65% to ₽2.018 billion against ₽1.223 billion a year earlier.

Rostelecom

Rostelecom's IFRS net profit for 2023 amounted to ₽42.33 billion, up 20.2% from ₽35.21 billion in the previous year. Revenue rose 12.9% to ₽707.8 billion against ₽627.06 billion a year earlier.

Rostelecom

Rostelecom's RAS net profit for 2023 amounted to ₽13.28 billion, up 66% from ₽8 billion in the previous year. Revenue increased by 11.7% to ₽407.51 billion against ₽364.81 billion a year earlier.

Central Telegraph

Central Telegraph's RAS net profit for 2023 amounted to ₽79.84 million, up 11 times from ₽7.25 million in the previous year. Revenue fell 2.3% to ₽1.297 billion against ₽1.328 billion a year earlier.

MOEX Group (Moscow Exchange)

National Commodity Exchange launched commodity auctions for the purchase of yellow peas and brown flax with delivery of goods by road to the city of Azov, Rostov Region. Auctions were ordered by one of the largest Russian grain exporters - RIF Trading House. In the future, the company plans to expand the range of crops purchased at the exchange and the list...

SFI

Organizers of Europlan's IPO valued the company at ₽140 billion, told RBC's sources. Company was valued on the basis of P/E multiple of 8-10. High valuation was explained by the fact that Europlan has a significant share of non-interest income, as well as a low cost of risk at 0.5%, which is much lower than that of the traded banks. At the same time, the lea...

Europlan

Organizers of Europlan's IPO valued the company at ₽140 billion, told RBC's sources. Company was valued on the basis of P/E multiple of 8-10. High valuation was explained by the fact that Europlan has a significant share of non-interest income, as well as a low cost of risk at 0.5%, which is much lower than that of the traded banks. At the same time, the lea...

Crystal

Rospatent refused to register the trademark Shaman. Plant was going to produce under brand Shaman non-alcoholic and alcoholic beverages, including its own absinthe. However, Rospatent concluded that the claimed designation is a stage name of the artist SHAMAN, a popular Russian singer, poet and composer, and is also similar to the trademark SHAMAN'S and its...

Sberbank

SberMarket, a delivery service from stores and restaurants, increased its turnover 1.6 times to ₽165.6 billion in 2023. Service delivered 65.9 million orders, which is 1.8 times more than a year earlier. Number of active customers increased 1.6 times. Geographical presence of SberMarket in the past year was expanded by 200 cities, and now the service is repr...

Magnit

Retailer Magnit will launch a new distribution center in the Moscow region, which will be the company's largest and most technologically advanced warehouse. Distribution center with an area of 86 thousand square meters will supply goods to more than 400 hypermarkets and more than 7 thousand drogerie stores, as well as other RCs. Capacity of the distribution...