Stock market news

Alrosa

Alrosa's IFRS net profit for 2023 amounted to ₽85.18 billion, down 15.2% from ₽100.49 billion in the previous year. Revenue rose 9.2% to ₽322.57 billion against ₽295.44 billion a year earlier.

Positive Technologies Group

Additional issue of Positive Technologies may take place as early as 2024, the company's founder Yuri Maximov said on the air of Rossiya-24 TV channel. Its parameters will be disclosed by the company soon. In general, Positive Technologies plans to issue additional shares at each doubling of capitalization to motivate its employees. But its size may vary bas...

UGC

Gold production at UGC in 2023 decreased by 6.8% to 412.5 thousand troy ounces, or 12.8 tons. Decrease was due to the use of poorer ore from stockpiles and shifting the start of production at Vysokoye deposit in Siberia to 2024. At the same time, ore extraction increased by 30.8% to 17.7 million tons. Processing increased by 3.4% to 23.9 million tons. Revenu...

Sberbank

Sberbank's IFRS net profit for 2023 amounted to ₽1.509 trillion, up 5.2 times from ₽0.288 trillion in the previous year. Net interest income rose 36.8% to ₽2.565 trillion against ₽1.875 trillion a year earlier. Fee and commission income rose 9.4% to ₽763.9 billion.

Fix Price Group

Fix Price's retail revenue for 2023 grew 5.2% to ₽258.96 billion, while wholesale revenue grew 4.7% to ₽32.9 billion. LFL - sales declined 4.1%. Number of net openings totaled 751 and the total selling space of the chain's stores increased by 165,300 square meters to 1,390,600 square meters

Fix Price Group

Fix Price's IFRS net profit for 2023 amounted to ₽35.707 billion, up 66.8% from ₽21.411 billion in the previous year. Revenue rose 5.1% to ₽291.86 billion against ₽277.64 billion a year earlier.

Rusagro

China's General Administration of Customs has registered three Russian pork production enterprises and authorized the export of pork products from February 28, 2024. Permission to export was granted to APH Miratorg, Velikoluksky Meat Processing Plant and Tambovsky Bacon, owned by Rusagro. National Union of Pork Producers expects that Russian pork will be abl...

NOVATEK

Delivery of three LNG tankers for the Arctic LNG-2 project, being built by Japanese Mitsui OSK Lines in South Korea, has been delayed indefinitely. The transfer of three more tankers already built is in question due to sanctions. They were built under the order of Cyprus-based Elixon Shipping, Azoria Shipping and Glorina Shipping, which were placed on the SD...

Detsky Mir

Moscow Exchange has set restrictions on settlement codes for transactions in Detsky Mir shares due to the upcoming liquidation of the company. Last day of trading in the securities will be August 28, 2024.

Magnit

Retailer Magnit plans to launch the sale of fast food in 32 stores of the retail chain in the North-Western Federal District in 2024. Of these, about 20 stores will be located in St. Petersburg and the Leningrad Region. A pilot project on the sale of fast food in stores at home chain Magnit launched in 2023. Then fast food appeared in more than 30 stores, fo...