Stock market news

ZIL

ZIL's RAS net profit for 2023 amounted to ₽0.2 billion, down 94.2% from ₽3.45 billion in the previous year. Revenue declined 28.4% to ₽2.07 billion vs. ₽2.89 billion a year earlier.

SPB Exchange

SPB Exchange will focus on the development of the market of issuers under Western sanctions, Evgeny Serdyukov, CEO of the exchange, told RBC Investments. Trading platform has experience in creating new markets and conducting mass IPOs, as well as ready infrastructure to become a key platform for the placement of securities of such issuers, he said. In additi...

Lenzoloto

Lenzoloto's RAS net profit for 2023 amounted to ₽107.92 million, down 5.6 times from ₽606.06 million in the previous year.

Belon

Belon's RAS net profit for 2023 amounted to ₽78.44 million, down 1.5% from ₽79.6 million in the previous year.

MOEX Group (Moscow Exchange)

Moscow Exchange added 30 new shares to the service for OTC deals in unlisted OTC shares with CCs. As a result, the total number of securities available for making deals reached 58 shares. In the future, the trading floor plans to continue expanding the list of available instruments.

Whoosh

Whoosh posted a net profit of ₽1.35 billion for 2023, compared to a loss of ₽0.12 billion in the previous year.

IVA Technologies

Video conferencing service developer IVA Technologies is planning an IPO. Company could go public in the second or third quarter of the year with a valuation of ₽35-40 billion. It has already hired bank consultants and lawyers, and the deal will also involve the sale of shares to existing shareholders.

Inter RAO

Inter RAO reduced electricity exports to China by 75% in January-February 2024. At the same time, in the first quarter, the company increased supplies to Kazakhstan by 20% and doubled supplies to Mongolia. Electricity exports in the first quarter of 2024 are forecasted at 2.1 bln kWh, which is higher than the figure in the business plan, but slightly lower t...

T-Bank

Tinkoff Bank launched the Tinkoff Leasing platform for leasing cars on financial lease. Alexander Mikhailov, who has more than 20 years of experience in the leasing industry, took charge of this area. Tinkoff Leasing is still available for legal entities and individual entrepreneurs in Moscow and St. Petersburg. In the coming months, the company plans to lau...

Rostelecom

Rostelekom's subsidiary has registered two trademarks under the ninth class of ICTU, which includes laptops, tablets, printers and other computer equipment. In Rostelecom refused to confirm or deny plans to develop its own production of computer equipment, but said that the company is conducting a large number of studies and will not disclose details until t...