Stock market news

Pharmsynthesis

Board of Directors of Pharmsintez on November 17 will consider the issue of increasing the authorized capital by placing additional shares by public subscription.

Artgen

Board of Directors of Artgen Biotech canceled the shareholders' meeting, which was supposed to resolve the issue of increasing the authorized capital by 7.5% by placing additional shares. At the same time, the Board of Directors itself decided to place 17,354,549 additional shares of the company by public subscription in 2024. Raised funds as a result of the...

Rusagro

RusAgro reckons to start supplying pork to China by the end of 2024. China's General Administration of Customs authorized pork supplies from Russia in September 2023. However, in order to start supplies, the Russian side needs to take actions that will take from three months to one year. In Ministry of Economic Development expects that Russian pork will star...

Bank St. Petersburg

Bank Saint Petersburg's RAS net profit for 9 months of 2023 amounted to ₽38 billion, up 3.1 times from ₽12.1 billion in the same period of 2021. Net interest income rose 73.4% to ₽36.84 billion against ₽21.25 billion.

Rusagro

Rusagro continues to work on its re-registration project. Currently, we are preparing to submit documents to the Cypriot regulatory authority to start the redomiciliation procedure.

T-Bank

Board of Directors of TCS Group is headed former head of Mastercard in Russia Alexei Malinovsky. He will succeed Konstantinos Economides, who headed the board for 15 years.

Levenhuk

Levenguc's RAS net profit for 9 months of 2023 amounted to ₽28.96 million, down 17.5% from ₽35.11 million in the previous year. Revenue increased 22.2% to ₽579.94 million against ₽474.41 million a year earlier.

Tyson Foods

The Tyson Foods Board of Directors announced a quarterly dividend of $0.49 per share. The last day to buy securities to receive the dividend is February 28, 2024. The annual dividend yield may reach 3.86%.

Tyson Foods

Tyson Foods' GAAP loss for fiscal 2023 was $0.649 billion, compared to a profit of $3.249 billion in the prior year. Revenue declined 0.8% to $52.881 billion versus $53.282 billion a year earlier.

Sollers

Sollers has launched sales of diesel version of ST6 pickup truck in Russia. Car is presented in two configurations - Base and Comfort. Company started serial production of ST6 this fall. By the end of this year it is planned to produce and sell about 2 thousand pickups, and within two to three years Sollers expects to reach the production volume of 10 thousa...