Stock market news

Alrosa

State Assembly of Yakutia adopted the law on the management and disposal of Alrosa shares, which excludes the possibility of the republic's share decreasing during the additional share issue. One of the authors of the bill explained that the need to detail the normative fixation of the republic's share in Alrosa arose after the adoption of amendments to the...

Sollers

Sollers' RAS loss for 3 months of 2024 amounted to ₽348.79 million, up 76.1% from ₽198.05 million in the previous year. Revenue rose 57.2% to ₽111.47 million against ₽70.9 million a year earlier.

Yandex

R1 development company starts construction of the eighth full-field center of Yandex.Market in Tatarstan. Yandex will invest more than ₽5 billion in the project. Marketplace sellers will be able to use the new warehouse in early 2025, according to Yandex.Market. By that time, 40,000 square meters of the fullfillment center should be erected, with a total are...

Lenzoloto

Lenzoloto's IFRS net profit for 2023 amounted to ₽108 million, down 6 times from ₽660 million in the previous year. Interest income decreased 2-fold to ₽153 million compared to ₽320 million a year earlier.

United Aircraft Corporation

UAC's RAS loss for 3 months of 2024 amounted to ₽0.885 billion, down 25.6% from ₽1.19 billion in the previous year. Revenue increased 87.5% to ₽29.676 billion against ₽15.829 billion a year earlier.

Zaymer

MFK Zaimer's RAS net profit for 3 months of 2024 amounted to ₽0.848 billion, down 2 times from ₽1.72 billion in the previous year. Net interest income fell 6.8% to ₽4.733 billion vs. ₽5.08 billion a year earlier.

Astrakhan Power Sale Company

Astrakhan Power Supply Company's IFRS net profit for 2023 amounted to ₽54.114 billion, up 11.5 times from ₽4.696 billion in the previous year. Revenue rose 15.5% to ₽14.092 billion against ₽12.196 billion a year earlier.

Severstal

Severstal's IFRS net profit for 3 months of 2024 amounted to ₽47.42 billion, up 12.9% from ₽42 billion in the previous year. Revenue increased 19.7% to ₽188.71 billion vs. ₽157.62 billion a year earlier.

Severstal

Severstal for 3 months of 2024 produced 2.901 million tons of steel, up 7% from 2.701 million tons a year earlier. Pig iron production increased by 2% to 2.776 million tons. Sales of steel products fell 11% to 2.474 million tons. Share of high value-added products increased by 8 p.p. to 51%.

Severstal

Board of Directors of Severstal recommended that dividends be paid for 3 months 2024 in the amount of ₽38.3 per ordinary share. The last day of the purchase of securities to receive dividends is June 17, 2024. Dividend yield may amount to 2.04%.