Stock market news

Ryazan Energy Supply Company

Board of Directors of Ryazan Energy Supply Company recommended that dividends be paid for 2023 in the amount of ₽4.2158648522 per ordinary share. The last day of the purchase of securities to receive dividends is June 7, 2024. Dividend yield may amount to 10.24%.

Territorial Generating Company № 1

TGC-1's electricity generation, including Murmanskaya CHPP, for January-March 2024 amounted to 9.69 billion kWh, up 7% year-on-year. Heat output increased by 6.6% to 10.491 mln Gcal.

Moscow confectionery factory Krasny Oktyabr

Red October's RAS net profit for 3 months of 2024 amounted to ₽285.93 million, down 2.6 times from ₽741.96 million in the previous year. Revenue rose 2.6% to ₽4.906 billion against ₽4.783 billion a year earlier.

Far-Eastern Shipping Company

Fesco's IFRS net profit for 2023 amounted to ₽37.85 billion, down 3.9% from ₽39.39 billion in the previous year. Revenue rose 5.8% to ₽172 billion against ₽162.64 billion a year earlier.

UralSib Bank

Board of Directors of UralSib Bank recommended that dividends be paid for 2023 in the amount of ₽0.027378645 per ordinary share. The last day of the purchase of securities to receive dividends is June 3, 2024. Dividend yield may amount to 13.27%.

Astra

Аstra Group's ReSolut plans to occupy 30-50% of the ₽18 billion software development solutions market in the next 5 years, said Maxim Kozlov, ReSolut's CTO. For this purpose, the company has its own code repository GitFlic, which is used by 40 thousand developers, while there are about 900 thousand developers in Russia. In 1.5-2 years it is planned to attrac...

UGC

Yuzhuralzoloto's IFRS net profit for 2023 amounted to ₽0.7 billion, against a loss of ₽20.1 billion in the previous year. Revenue increased by 18.9% to ₽67.8 billion against ₽57 billion a year earlier.

Ozon Holdings

Ozon has launched a service to deliver popular e-grocery goods within 30 minutes. For this purpose, the marketplace opens smaller-format darkstores and engages couriers not only in cars, but also on bicycles. In Moscow and the Moscow region, 20 such mini-darkstores have been opened, and it is planned to increase their number several times by the end of 2024.

VSMPO-AVISMA Corporation

Canadian government has granted Airbus a permit to use titanium from VSMPO-AVISMA in the production of airplanes, despite the anti-Russian sanctions imposed on it. In 2022, Airbus expected to abandon Russian titanium within a few months.

Severstal

Severstal CEO Alexander Shevelev and FAS head Maxim Shaskolsky have signed an amicable agreement, which provides for a reduction in the fine imposed by FAS from ₽8.7 billion to less than ₽900 million. Amicable agreement is expected to be approved by the court on May 27.