Stock market news

Federal Grid Company - Rosseti

Federal Grid Company-Rosseti's IFRS net profit for 2023 amounted to ₽161.32 billion, up 21.4% from ₽132.83 billion in the previous year. Revenue rose 16.7% to ₽1.379 trillion against ₽1.182 trillion a year earlier.

Whoosh

Whoosh repurchased ₽60 million worth of shares under the buyback program by the end of March. Program will last until May 31, 2025. Maximum number of shares to be repurchased is 1.5 million, which is one-third of the requirement for the option program. In the presentation for the 2023 financial statements, the company said it currently plans to purchase abou...

Kaluga Sales Company

Kaluga Sales Company's RAS net profit for 2023 amounted to ₽108.52 million, up 10% from ₽98.62 million in the previous year. Revenue increased by 7.9% to ₽28.09 billion against ₽26.03 billion a year earlier.

Kostroma power sales Company

Kostroma Sales Company's RAS net profit for 2023 amounted to ₽59.75 million, up 48.3% from ₽40.28 million in the previous year. Revenue increased 10% to ₽10.7 billion against ₽9.73 billion a year earlier.

SPB Exchange

Trading volume on SPB Exchange in 2023 decreased 3.1 times to ₽4.5 trillion, the Bank of Russia said in its 2023 report. Of this, ₽2.7 trillion was accounted for the purchase and sale of shares, depositary receipts and units.

MMC Norilsk Nickel

MMC Nornickel seeks to integrate into the international sector of battery production for electric vehicles. This task requires a change in the product line, as battery manufacturers do not need Nornickel's classic products - nickel cathodes, salts and briquettes. Integration into the international battery sector will mitigate the risks of Nornickel's exclusi...

Ufaorgsintez

Ufaorgsintez's RAS net profit for 2023 amounted to ₽1.394 billion, up 60.8% from ₽0.867 billion in the previous year. Revenue declined 22.9% to ₽22.722 billion against ₽29.474 billion a year earlier.

Izhstal

Izhstal's RAS net profit for 2023 amounted to ₽3,348 billion, down 7% from ₽3,599 billion in the previous year. Revenue declined 2.2% to ₽32,136 billion compared to ₽32,864 billion a year earlier.

Acron

Akron's RAS net profit for 2023 amounted to ₽29.06 billion, down 59.5% from ₽71.78 billion in the previous year. Revenue fell 29.8% to ₽126.82 billion against ₽180.57 billion a year earlier.

Territorial Generating Company № 14

TGC-14's IFRS net profit for 2023 amounted to ₽1.57 billion, up 2.8 times from ₽0.56 billion in the previous year. Revenue rose 18% to ₽16.949 billion against ₽14.358 billion a year earlier.