Stock market news

T-Bank

Rosbank's retail business will be transferred to Tinkoff, sources told Frank Media. Tinkoff's retail business is larger and more efficient due to the lack of a network, and the merged holding company has no need to keep two separately operating divisions, the sources explained. Business will be transferred by the end of the year with a part of Rosbank's capi...

Seligdar

Seligdar Holding will increase investment in the Kyuchus development project by at least 20% to ₽50 bln by 2030, said Magomed Gekhaev, advisor to the company's CEO. Increase in costs is due to the low transportation accessibility of the field.

United Aircraft Corporation

Certification static tests of the SSJ New passenger aircraft will be completed in the first half of 2025. They involve testing the strength of the fuselage, wing, mechanization, main and front landing gear hinge assemblies, horizontal plumage, and engine pylon. At the moment, the strength of the engine pylon and wing is being tested. To date, about 30-40% of...

Astra

Astra increased the lower limit of its SPO offering from ₽500 to ₽555 per paper. Major shareholder of the group Denis Frolov intends to sell 21 mln shares to investors, which is 10% of the company's authorized capital. SPO will allow the company to qualify for the first level of the Moscow Exchange listing, as well as to get into the Moscow Exchange Index.

LSR Group

Shareholders of LSR Group approved dividends for 2023 in the amount of ₽100 per ordinary share. The last day of purchase of securities to receive dividends is April 30, 2024. Dividend yield may amount to 8.94%.

Belon

Belon's RAS net profit for 3 months of 2024 amounted to ₽19.84 million, up 2.6% from ₽19.34 million in the previous year.

Slavneft

Slavneft's RAS net profit for 3 months of 2024 amounted to ₽958.55 million, up 12.6 times from ₽75.86 million in the previous year. Revenue rose 46.6% to ₽7.063 billion against ₽4.817 billion a year earlier.

Diod

DIOD Ecological Technology and Ecopower Plant's IFRS net profit for 2023 amounted to ₽8.418 million, down 5 times from ₽42.33 million in the previous year. Revenue declined 2.2% to ₽548.82 million against ₽561.24 million a year earlier.

Rocket and Space Corporation Energia

RSC Energia S.P. Korolev's RAS loss for 3 months of 2024 amounted to ₽539.16 million, down 36.4% from ₽847.11 million in the previous year. Revenue increased 6-fold to ₽5.493 billion against ₽0.876 billion a year earlier.

Izhstal

Izhstal's RAS net profit for 3 months of 2024 amounted to ₽886.97 million, up 48.8% from ₽595.92 million in the previous year. Revenue rose 10.6% to ₽8.387 billion against ₽7.585 billion a year earlier.