Stock market news

Transneft

Transneft's RAS net profit for 9 months of 2024 amounted to ₽96.99 billion, down 2 times from ₽190.55 billion in the previous year. Revenue rose 6.7% to ₽943.23 billion against ₽884.03 billion a year earlier.

LUKOIL

Deputy Finance Minister Alexei Moiseyev said that Lukoil has no plans to buy back its shares from non-residents. “There are no such plans so far,” he said, answering the relevant question on the sidelines of the Moscow Financial Forum. In August 2023, media sources reported that the company had asked the Russian authorities to allow it to buy back up to 25%...

Sollers

Sollers Group announced the launch of production of new models under its own brand: commercial van M3 and minivan RF8. Assembly of the van will begin in late 2024, and the minivan - in 2025. Both models will be based on vehicles from the Chinese company JAC, with which Sollers cooperates in the commercial vehicle segment.

SFI

Board of Directors of SFI recommended that dividends be paid for 9 months 2024 in the amount of ₽113.8 per ordinary share. The last day of the purchase of securities to receive dividends is November 28, 2024. Dividend yield may amount to 8.24%.

South Kuzbass Coal Company

Southern Kuzbass' RAS loss for 9 months of 2024 amounted to ₽10.8 billion against a profit of ₽1.8 billion in the previous year. Revenue declined by 7.5% to ₽28.3 billion against ₽30.6 billion a year earlier.

INGRAD

Real estate developer Sminex has closed the deal to acquire Ingrada from the Rossium Group of Roman Avdeev and Sergey Sudarikov. Amount of the deal is not disclosed by the parties. Earlier media sources reported that it could amount to ₽40-50 bln.

KuibyshevAzot

KuibyshevAzot's RAS net profit for 9 months of 2024 amounted to ₽4.95 billion, down 3.4 times from ₽16.59 billion in the previous year. Revenue rose 2% to ₽54.96 billion against ₽53.88 billion a year earlier.

Softline

Board of Directors of Softline on October 22 will consider the management's proposal to buy back the company's shares. Management considers the company undervalued and proposes to buy back up to 5% of Softline's authorized capital within 12 months.

Rosgosstrakh

Rosgosstrakh's RAS net profit for 9 months of 2024 amounted to ₽6.62 billion, up 57.6% from ₽4.2 billion in the previous year. Earned insurance premiums rose 17% to ₽65.41 billion against ₽55.9 billion a year earlier.

Rocket and Space Corporation Energia

RSC Energia's RAS loss for 9 months of 2024 amounted to ₽1.71 billion, up 16.3% from ₽1.47 billion in the previous year. Revenue declined 35.9% to ₽11.22 billion against ₽17.51 billion a year earlier.