Stock market news

Far-Eastern Shipping Company

Fesco plans to agree on a medium- and long-term development strategy with Rosatom in the near future, said head of the company's Board of Directors Andrei Severilov in a large interview with Kommersant about Fesco's development plans. Top manager considers the transfer of control in Fesco to Rosatom as an optimal solution and expects that company will obtain...

Far-Eastern Shipping Company

Fesco's RAS net profit for 9 months of 2023 amounted to ₽9.07 billion, up 5 times from ₽1.84 billion in the previous year. Revenue increased 12.9% to ₽6.47 billion against ₽5.73 billion a year earlier.

SmartTechGroup (CarMoney)

CarMoney held a presentation of key vectors of strategic development until 2026. Company intends to increase net profit to ₽2 billion and expects capitalization to grow to ₽20 billion. Achieve this target plans are to both scale the business and monetize the company's technology and expertise in two ways: outsourcing the IT infrastructure of car loan issuanc...

Ozon Holdings

Ozon has started delivering goods to Uzbekistan. Orders are still being issued at Boxberry Union CIS. Delivery costs so far amount to half the cost of the goods or even more. According to Freedom Finance Global analysts, taking into account inflation, the company's investments in local infrastructure may reach $150 million. For comparison, Wildberries has a...

T-Bank

Tinkoff Bank's RAS net profit for 9 months of 2023 amounted to ₽33.62 billion, down 16.4% from ₽40.21 billion in the same period of 2021. Net interest income rose 82.3% to ₽150.43 billion against ₽82.52 billion a year earlier. Fee and commission income rose 61.5% to ₽151.61 billion.

Gazprom Neft

Gazprom Neft's RAS net profit for 9 months of 2023 amounted to ₽369.56 billion, down 17.7% from ₽449.29 billion in the previous year. Revenue fell 4.4% to ₽2.41 trillion against ₽2.52 trillion a year earlier.

Pharmsynthesis

Board of Directors of Pharmsintez on November 17 will consider the issue of increasing the authorized capital by placing additional shares by public subscription.

Artgen

Board of Directors of Artgen Biotech canceled the shareholders' meeting, which was supposed to resolve the issue of increasing the authorized capital by 7.5% by placing additional shares. At the same time, the Board of Directors itself decided to place 17,354,549 additional shares of the company by public subscription in 2024. Raised funds as a result of the...

Rusagro

RusAgro reckons to start supplying pork to China by the end of 2024. China's General Administration of Customs authorized pork supplies from Russia in September 2023. However, in order to start supplies, the Russian side needs to take actions that will take from three months to one year. In Ministry of Economic Development expects that Russian pork will star...

Bank St. Petersburg

Bank Saint Petersburg's RAS net profit for 9 months of 2023 amounted to ₽38 billion, up 3.1 times from ₽12.1 billion in the same period of 2021. Net interest income rose 73.4% to ₽36.84 billion against ₽21.25 billion.