Stock market news

Territorial Generating Company № 14

TGC-14's RAS net profit for 2023 amounted to ₽1.532 billion, up 2.3 times from ₽0.672 billion in the previous year. Revenue increased 18.1% to ₽16.834 billion against ₽14.257 billion a year earlier.

Nebius Group

Yandex's GAAP net income for 2023 amounted to ₽21.76 billion, down by half from ₽47.62 billion in the previous year. Revenue increased 53.4% to ₽800.12 billion compared to ₽521.7 billion a year earlier.

Inter RAO

Inter RAO's RAS net profit for 2023 amounted to ₽35.83 billion, up 15% from ₽31.17 billion in the previous year. Revenue fell 34.6% to ₽41.32 billion against ₽63.17 billion a year earlier.

INGRAD

Real estate sales by developer Ingrad in 2023 amounted to 243 thousand sq. m., up 12% year-on-year. Property commissioning increased by 76.4% to 628 thousand sq. m. Company received construction permits for 267 thousand sq. m. of residential space, which is 84% more than a year earlier. This year Ingrad plans to launch four projects on the market, as well as...

Softline

Softline's turnover in 2023 amounted to ₽91.493 billion, up 29% from ₽70.69 billion a year earlier. Turnover from the sale of proprietary solutions increased 3.2 times to ₽21.41 billion, while turnover in Software & Cloud third-party solutions increased by 11% to ₽53.452 billion, in hardware by 7% to ₽14.427 billion, and in IT services decreased by 17% to ₽2...

KAMAZ

German automaker Daimler Truck has sold its 15% stake in Kamaz in 2024. Buyer of the stake and the amount of the deal are not disclosed. Cooperation with Kamaz was terminated by the German concern back in 2022, when the SWO in Ukraine began.

United Aircraft Corporation

United Aircraft Corporation's RAS loss for 2023 amounted to ₽54.58 billion, up 17.8% from ₽46.32 billion in the previous year. Revenue increased 64.2% to ₽162.51 billion against ₽98.98 billion a year earlier.

Russneft Oil Company

RussNeft's RAS net profit for 2023 amounted to ₽31.76 billion, up 3.8 times from ₽8.41 billion in the previous year. Revenue fell 13.1% to ₽238.83 billion against ₽274.77 billion a year earlier.

NOVATEK

Novatek's complex in Ust-Luga resumed condensate processing on February 11 after 3 weeks of downtime, sources told Reuters. During February 11-12, complex processed about 18,000 tons of gas condensate. Company was forced to suspend some operations in Ust-Luga due to damage after a fire on January 21, which resulted from a suspected Ukrainian drone attack.

Rushydro

RusHydro may build the second stage of Sakhalin GRES-2, such a conclusion can be drawn from the report of the Ministry of Energy of the Russian Federation following a meeting with Energy Minister Nikolai Shulginov on the development of power generation in the Sakhalin Region. He also noted that work is already underway at Yuzhno-Sakhalinskaya TPP-1, which wi...