Stock market news

Pre-IPO

brainbox.VC platform has successfully passed 2 stages of selection by an independent commission consisting of recognized experts in the fields of high technology and business, and received the status of Skolkovo participant. Investors in brainbox.VC will now have the opportunity to receive reimbursement of up to 50% of the investment amount from the Skolkovo...

Saratovenergo

Saratovenergo's IFRS net profit for 2023 amounted to ₽639.49 million, up 5.3 times from ₽120.96 million in the previous year. Revenue rose 8.3% to ₽23.74 billion against ₽21.92 billion a year earlier.

Russneft Oil Company

RussNeft's IFRS net profit for 2023 amounted to ₽5.85 billion, down 71% from ₽20.14 billion in the previous year. Revenue fell 17.9% to ₽238.73 billion against ₽290.86 billion a year earlier.

OGK-2

Price of placement of additional shares of OGK-2, including to persons having preemptive right to purchase securities is set at ₽0.5563 per share, Interfax reported with reference to the company's materials. OGK-2 plans to place 48.3 billion shares by private subscription in favor of GEH Engineering LLC, which is part of Gazprom Energoholding. Payment is pos...

MOEX Group (Moscow Exchange)

Moscow Exchange is considering the possibility of launching trading in round-the-clock mode, said chief manager for promotion of exchange products Anastasia Kholoshchak. There are no plans to introduce them in the near future, but the trend to expand trading hours is obvious and the round-the-clock mode is not far off, she specified.

RN-Western Siberia

RN-West Siberia's RAS loss for 2023 amounted to ₽33.27 million, compared to a profit of ₽50.68 million in the previous year. Revenue decreased 3.3 times to ₽5.29 million against ₽17.61 million a year earlier.

Solidcore Resources

Polymetal will try to convince minority shareholders that a listing on the Moscow Exchange is not necessary for both the company and the investors themselves, said Polymetal's head Vitaly Nesis in a large interview with Interfax. However, holders of small stakes have neither desire nor economic sense to transfer their securities to Astana. Now the company is...

Gazprom

Gazprom's RAS net profit for 2023 amounted to ₽695.57 billion, down 6.9% from ₽747.25 billion in the previous year. Revenue fell 29.6% to ₽5.62 trillion against ₽7.98 trillion a year earlier.

Solidcore Resources

Polymetal plans to start underground mining at Kyzyl in Kazakhstan in 2031, said the company's head Vitaly Nesis. Investment in the project is tentatively estimated at $200-250 mln. While it is at the stage of basic design decisions, detailed design has not yet begun. Polymetal started production at Kyzyl in 2018. Ore mining is carried out by open pit mining...

Novorossiysk Commercial Sea Port

NCSP's RAS net income for 2023 amounted to ₽29.35 billion, up 7.4% from ₽27.32 billion in the previous year. Revenue increased 18% to ₽29.15 billion against ₽24.72 billion a year earlier.