Stock market news

UTair Aviation

UTair Aviation carried 5.131 million passengers in the first 10 months of 2023, which is 9.8% more than a year earlier. Volume of cargo transported by aircraft increased by 14.2% to 11,668 thousand tons. Operational flight hours amounted to 133,919 hours, up 8.9%. Helicopter passenger traffic increased by 11.9% to 0.528 million passengers. Helicopter fleet c...

Magnit

Retailer Magnit will open up to 25 more MCosmetic stores in Uzbekistan by the end of the year. First store MCosmetic in Uzbekistan opened in April 2022. Today the network is represented by 45 retail outlets, 33 of them opened in 2023.

Astra

Astra Group may conduct an SPO without an additional issue in the second half of 2024 or in 2025 to increase free-float. Company completed its IPO on October 12, offering 10.5 mln shares, with a free-float of 5%. Increasing the free-float is necessary for the company both to increase liquidity and to be included in the first quotation list and the Moscow Exc...

Solidcore Resources

Polymetal launched a crushing and sorting complex with a capacity of 100 tons per hour at the Prognoz silver deposit in Yakutia. New equipment was supplied from Turkey. Test operation of the complex started in July 2023. During the three months of trial operation, about 80 thousand tons of rock mass were processed.

United Wagon Company RPC

UWC early completed the collection of applications for participation in the additional issue. Company is offering 12.5 billion shares at ₽9.3 per share. Currently, the authorized capital of UWC consists of 115.997 million shares.

NOVATEK

Deputy Head of the National Energy Security Fund Alexei Grivach estimated the potential of Arctic LNG-2 at 3-4% of the entire global LNG market. Under the U.S. sanctions, under which the project came under on November 2, Novatek may lose this market share. However, how successful the sanctions will be depends on the buying countries. For example, Japan does...

Xiaomi

Xiaomi's IFRS net profit for 9 months of 2023 amounted to CN¥16.314 billion, a multiple of CN¥0.13 billion compared with CN¥0.13 billion in the previous year. Revenue fell 7.6% to CN¥197.73 billion against CN¥214 billion a year earlier.

VEON

VEON's IFRS net profit for 9 months of 2023 amounted to $1.099 bln, compared to a loss of $0.378 bln in the previous year. Revenue decreased by 2.5% to $2.745 bln vs. $2.816 bln a year earlier.

Pharmsynthesis

Board of Directors of Pharmsintez convened a meeting of shareholders to resolve the issue of increasing the authorized capital by placing additional shares by public subscription. Meeting will be held on December 21.

Magnit

Retailer Magnit will expand the geography of sales of packaged ready-to-eat food under its own brand M Kitchen. Range of ready-to-eat food M Kitchen counts about 65 items, covering the basic needs of consumers - from breakfast, lunch and dinner to solutions for snacks on the go. In the near future, the products of this line will appear in another 2,400 neigh...