Stock market news

NovaBev Group

Board of Directors of NovaBev Group recommended that dividends be paid for 2023 in the amount of ₽225 per ordinary share. The last day of the purchase of securities to receive dividends is May 10, 2024. Dividend yield may amount to 3.93%.

Mosgorlombard

Mosgorlombard became Avito's partner for instant buyback of smartphones. Avito launched the redemption service in October 2022. With its help, users can quickly and safely sell their smartphone to a partner, receiving money for their gadget literally day to day. At the pilot stage of the project, Mosgorlombard expects to buy back from Avito customers from 10...

Sovcomflot

Sovcomflot's IFRS net profit for 2023 amounted to ₽79.55 billion, up 3 times from ₽26.41 billion in the previous year. Revenue increased 51.5% to ₽196.18 billion against ₽129.5 billion a year earlier.

INARCTICA (Russian Aquaculture)

INARCTICA's IFRS net profit for 2023 amounted to ₽15.47 billion, up 29.7% from ₽11.93 billion in the previous year. Revenue increased 21.2% to ₽28.48 billion against ₽23.5 billion a year earlier.

Mobile TeleSystems

MTS is changing its billing system for the first time in 20 years. New Telecom platform was developed in-house and is to be gradually implemented over three years. Telecom platform will allow MTS to launch services for converting some ecosystem services into others, for example, exchange of unused traffic into trips with the help of Yurent or content into Ki...

RUSAL

Aluminum producer Rusal has started using Shanghai Exchange quotations in aluminum trading with China. Switching to local quotations amid significant trade volumes with Asian buyers is a common practice, LME indicators are more traditional, while the use of Shanghai and London price systems, depending on the situation, can expand the seller's room for maneuv...

Whoosh

Ministry of Transport has developed a draft order that provides for the creation of road infrastructure for means of individual mobility, including electric scooters. Document envisages the creation and placement of bicycle and bicycle-pedestrian paths, bicycle lanes, and parking spaces for SIMs.

MMC Norilsk Nickel

MMC Nornickel, TMK and Cuban Cubaniquel will assess the feasibility of work at nickel deposits in the Olguin province in Cuba, said Alexei Rudnev, Head of the Solid Minerals Geology Department of Rosnedr. Cuban side has also additionally provided materials on Moa nickel deposit for assessment by these companies. Assessment is planned to be completed by July...

Tomsk Switching Company

Tomsk Distribution Company's RAS net profit for 2023 amounted to ₽357.16 million, up 17.8% from ₽303.18 million in the previous year. Revenue rose 10.9% to ₽9.319 billion against ₽8.405 billion a year earlier.

RUSAL

Rusal's RAS net profit for 2023 amounted to ₽90.228 billion, up 16.9 times from ₽5.333 billion in the previous year. Revenue declined 3 times to ₽30.898 billion against ₽93.661 billion a year earlier.