Stock market news

Mordovian Energy Supply Company

Shareholders of Mordovian Energy Supply Company approved dividends in amount of ₽0.037197 per ordinary share. The last day of purchase of securities to receive dividends is December 7, 2023. Dividend yield may amount to 3.73%.

Rosseti Kuban

Rosseti Kuban's IFRS net profit for 9 months of 2023 amounted to ₽7.198 billion, up 39.7% from ₽5.154 billion in the previous year. Revenue increased 20.2% to ₽57.068 billion against ₽47.467 billion a year earlier.

LUKOIL

Lukoil Oil Company opened its first two filling stations in Krasnoyarsk Krai. Two more stations will be launched by the end of the year. Network of Lukoil filling stations in 2022 increased by 6.3% and amounted to 5,278 units, of which 2,788 are located in Russia.

MMC Norilsk Nickel

MMC Norilsk Nickel signed an agreement to transfer a 50% stake in the Nkomati joint venture to the South African partner African Rainbow Minerals Limited. To date, Nkomati assets include a deposit of disseminated copper-nickel sulfide ores, an underground mine mothballed in 2015, and an open pit. Mining operations ceased in March 2021. Completion of the tran...

Rosseti Siberia

Rosseti Siberia's IFRS loss for 9 months of 2023 amounted to ₽1.411 billion, up 4 times from ₽0.351 billion in the previous year. Revenue rose 6.7% to ₽49.951 billion against ₽46.824 billion a year earlier.

Novorossiysk Bakery Products Plant

Board of Directors of Novorossiysk Bakery Products Plant recommended that dividends be paid for 9 months 2023 in the amount of ₽29.75 per ordinary share. The last day of the purchase of securities to receive dividends is January 5, 2024. Dividend yield may amount to 2.85%.

Bank St. Petersburg

Supervisory Board of Bank Saint-Petersburg approved the development strategy until 2026. Target for return on equity under IFRS has been raised to 18% or more. Loan portfolio is planned to increase to ₽900 bln. Excess capital will continue to be distributed to shareholders through share buy-backs and dividends of at least 20% of IFRS net profit in accordance...

Lenta

Lenta opened two stores under the Monetka brand in Moscow and three stores in St. Petersburg. New stores have a selling space of 295 to 305 square meters. Assortment of 3600 goods is selected to satisfy short shopping missions and all the daily needs of the residents of nearby houses. Launch of the stores was one of the steps in the implementation of Lenta's...

Rosseti North-West

Rosseti North-West's IFRS net profit for 9 months of 2023 amounted to ₽937.24 million, against a loss of ₽58.83 million in the previous year. Revenue rose 14.9% to ₽42.561 billion against ₽37.037 billion a year earlier.

VTB Bank

VTB's IFRS net profit in October 2023 amounted to ₽26.8 billion, YTD - ₽402.8 billion. Net interest income in October amounted to ₽64.1 billion, for 10 months of 2023 - ₽634.9 billion.