Stock market news

Kazanorgsintez

Kazanorgsintez's RAS net profit for 9 months of 2023 amounted to ₽16.786 billion, down 33.1% from ₽25.096 billion in the previous year. Revenue fell 17.8% to ₽76.507 billion against ₽93.044 billion a year earlier.

Seligdar

Seligdar's IFRS loss for 9 months of 2023 amounted to ₽8.961 billion, compared to a profit of ₽9.082 billion in the previous year. Revenue increased 79.5% to ₽37.152 billion against ₽20.694 billion a year earlier.

Ozon Holdings

Ozon is studying the possibility of introducing brokerage products in the perimeter of its ecosystem and has already started actively looking for employees for the brokerage service, Vedomosti found out. Ozon first discussed the idea of creating such a service back in 2021, but the start of the special operation pushed back the realization of the project, on...

RUSAL

Rusal's Board of Directors, at the request of Sual Partners, convened a shareholders' meeting for February 2, 2024, to elect a new Board of Directors. Procedure is necessary to nominate an independent candidate to the company's Board of Directors, which is stipulated by the shareholders' agreement. Presence of an additional independent director will allow to...

Magnit

Retailer Magnit closed a deal to buy back 7.8% of its shares from foreign shareholders as part of an additional tender offer. In total, following two tender offers and a bilateral transaction in October 2023, the subsidiary Magnit Alliance LLC acquired a 29.7% stake in Magnit.

Nizhnekamskneftekhim

Nizhnekamskneftekhim's RAS net profit for 9 months of 2023 amounted to ₽9.12 billion, down 6.3 times from ₽57.74 billion in the previous year. Revenue fell 23.6% to ₽159.36 billion against ₽208.72 billion a year earlier.

Magnit

Magnit's Board of Directors has recommended paying dividends of ₽412.13 per ordinary share. Last day to purchase securities to receive dividends is January 10, 2024. Dividend yield could be 6.52%.

INARCTICA (Russian Aquaculture)

INARCTICA will need about ₽20 billion in the coming years to reach a fish farming volume of 60,000 tons. Currently, the company is building a fry breeding plant in Kondopoga with a capacity of 6 million fry per year and a feed plant for 70,000 tons per year. Most of the investments in the fry plant were incurred this year. All equipment for the feed plant ha...

Softline

Board of Directors of Softline approved the development strategy until 2030, aimed at strengthening leadership positions and creating value for shareholders. Among the main goals of the company are revenue growth significantly exceeding the IT market growth rates, taking leadership positions in all target strategic markets, increasing the share of revenues f...

EvroTrans

Shareholders of EvroTrans approved dividends for 9 months 2023 in the amount of ₽8.88 per ordinary share. The last day of purchase of securities to receive dividends is December 7, 2023. Dividend yield may amount to 3.62%.