Stock market news

Rostelecom

Ministry of Digital Development supported Rostelecom's proposal to increase tariffs for connection and traffic passing services by 10% due to economic changes in recent years. We are talking about the total inflation rate, which amounted to 32% for 2020-2023. Last time the operator asked to increase tariffs by 6.5% in the fall of 2021, but then the decision...

SPB Exchange

SPB Exchange is preparing to launch a number of new projects to be launched in early 2024, said Evgeny Serdyukov, CEO of the trading floor. Meanwhile, priority task remains the unblocking of client assets, the top manager noted. Strategy of their return will be formed in the near future, and the stages and approximate terms will be published on the official...

INARCTICA (Russian Aquaculture)

Applications volume for buying INARCTICA shares in the SPO exceeded the offer volume of 3.3 million shares. As a result, the company raised ₽3 billion by offering shares at ₽900 per share. Shareholders of INARCTICA became more than 13,000 investors. Free float rose to 17.8%. Cash raised in the SPO will be used to implement the company's growth strategy.

Rosneft Oil Company

Rosneft's IFRS net profit for 9 months of 2023 amounted to ₽1.071 trillion, up 76.2% from ₽0.608 trillion in the previous year. Revenue fell 8.2% to ₽6.612 trillion against ₽7.202 trillion a year earlier.

Salesforce

Salesforce's GAAP net income for 9 months of fiscal 2024 was $2.69 billion, up 8.8 times from $0.306 billion in the prior year. Revenue increased 11.3% to $25.57 billion compared to $22.97 billion a year earlier.

Rosneft Oil Company

Rosneft's hydrocarbon production for 9 months of 2023 amounted to 5.5 mln boe per day, up 10.7%. Gas production increased by 33% to 1.5 mln boe per day. Liquids production totaled 4.0 million boe/d, up 3.9%. Refinery throughput in Russia increased by 3.3% to 65.8 mln tons.

Bashneft

Bashneft's IFRS net profit for 9 months of 2023 amounted to ₽151.8 billion, up 2.6 times from ₽58.3 billion in the same period of 2021. Revenue increased by 22.3% to ₽727.82 billion against ₽595 billion.

NNK-Varyoganneftegaz

Varioganneftegaz's RAS net profit for 9 months of 2023 amounted to ₽9.397 billion, up 3 times from ₽3.146 billion in the previous year. Revenue rose 3.4% to ₽52.854 billion against ₽51.106 billion a year earlier.

RN-Western Siberia

RN-West Siberia's RAS loss for 9 months of 2023 amounted to ₽24.717 million, against a profit of ₽62.595 million in the previous year.

Transneft

Transneft's IFRS net profit for 9 months of 2023 amounted to ₽254.4 billion, up 44.4% from ₽176.13 billion in the previous year. Revenue rose 7.8% to ₽980.11 billion against ₽909.2 billion a year earlier.