Stock market news

Tatneft

Tatneft's IFRS net profit for 2024 amounted to ₽308.9 billion, up 7.9% from ₽286.3 billion in the previous year. Revenue rose 30.1% to ₽2.03 trillion against ₽1.56 trillion a year earlier.

Pre-IPO

Alfa Capital Management Company proposes to give retail mutual funds the opportunity to invest in shares of companies that are not listed on the stock exchange. Now only closed-end funds can buy such securities. However, the professional community is already discussing with the regulator possible innovations in collective investment instruments.

Kazanorgsintez

Kazanorgsintez's RAS net profit for 2024 amounted to ₽12.5 billion, down 39.3% from ₽20.6 billion in the previous year. Revenue increased by 5.1% to ₽104.6 billion against ₽99.5 billion a year earlier.

Acron

Acron Group in 2024 exercised a call option and non-controlling shareholders of VPC exercised put options. As a result, the company bought 40% of VPC for ₽34.6 billion, increasing its stake to 90% plus 1 share. There is now one call and put option each remaining, which gives the company the right to buy and the non-controlling shareholders the right to sell...

Mobile TeleSystems

MTS launched a containerization platform for application development and operation. MWS Container Platform combines Kubernetes, DevOps, AI and data services into a single solution to optimize the development process, reduce costs and improve the efficiency of business processes. Platform automates key processes such as deployment, upgrades, scaling and clust...

Acron

Acron Group's core product output in 2024 was 8,385,000 tonnes, remaining at the same level as last year. Core product sales increased by 2% to 8,456,000 tonnes.

Renaissance Insurance

Renaissance Life sold the first equity life insurance policy in Russia. New type of insurance came into force this year. A life insurance policy is a hybrid of life insurance and independent investment management. Company sold a 3-year policy with a part of the insurance premium placed in the open-end unit investment fund of market financial instruments TCB...

Acron

Akron's IFRS net profit for 2024 amounted to ₽30.5 billion, down 15% from ₽35.9 billion in the previous year. Revenue increased 10.4% to ₽198.2 billion against ₽179.6 billion a year earlier.

Korshynov Mining Plant

Korshunovsky GOK's RAS net profit for 2024 amounted to ₽3.8 billion against a loss of ₽5.1 billion in the previous year. Revenue increased by 74.7% to ₽13.8 billion against ₽7.9 billion a year earlier.

Etalon Group

Etalon Group's IFRS loss for 2024 amounted to ₽6.9 billion, doubling from ₽3.37 billion in the previous year. Revenue rose 44.5% to ₽130.95 billion against ₽90.65 billion a year earlier.