Stock market news

South Kuzbass Coal Company

Southern Kuzbass Coal Company's RAS net profit for 2023 amounted to ₽1.255 billion, down 10 times from ₽12.025 billion in the previous year. Revenue fell 23.7% to ₽44.205 billion against ₽57.958 billion a year earlier.

Softline

Softline's IFRS net profit for 2023 amounted to ₽3.078 billion, down by half from ₽6485 billion in the previous year. Revenue increased 30.1% to ₽73.181 billion against ₽56.246 billion a year earlier.

United Aircraft Corporation

UAC has resumed the testing program of the 68-seat IL-114 aircraft after a long break amid the IL-112V disaster, which crashed on approach in 2021. Il-114 and Il-112V aircraft are equipped with the TVS117-ST engine. Engine installed on the test sample has undergone a set of improvements. In addition, a new auxiliary propulsion system TA14-114 was installed,...

Zaymer

Microfinance company Zaimer plans to open an IPO order book in early April, sources told Vedomosti. According to them, the company plans to place securities worth ₽3 billion. Experts estimate the entire company at ₽35-40 billion.

Nizhnekamskneftekhim

Nizhnekamskneftekhim's IFRS net profit for 2023 amounted to ₽16.64 billion, up 83.5% from ₽9.07 billion in 2020. Revenue increased 53.4% to ₽236.23 billion vs. ₽153.99 billion.

Mechel

Mechel's RAS net profit for 2023 amounted to ₽6.55 billion, compared to a loss of ₽0.033 billion in the previous year. Revenue fell 54% to ₽16.94 billion against ₽36.82 billion a year earlier.

Lenta

Lenta's RAS loss for 2023 amounted to ₽4.618 billion, against a profit of ₽39.779 billion in the previous year. Income from its participation in other organizations this year company did not receive. Year earlier, the figure stood at ₽154.99 billion.

X5 Retail Group

Russian Ministry of Industry and Trade has asked the court to suspend X5 Retail Group's corporate rights to Corporate Center X 5 LLC, where X5's assets in Russia are consolidated. If the Ministry's demands are satisfied in full, the holders of X5 Retail Group receipts will receive shares of the Russian holding in exchange for them. Securities will be distrib...

Chelyabinsk Iron and Steel Works

Chelyabinsk Metallurgical Plant's RAS net profit for 2023 amounted to ₽1.62 billion, down 9 times from ₽14.62 billion in the previous year. Revenue fell 3.6% to ₽162.13 billion against ₽168.26 billion a year earlier.

Surgutneftegaz

Surgutneftegaz's RAS net profit for 2023 amounted to ₽1.334 trillion, a multiple of ₽0.06 trillion compared to ₽0.061 trillion in the previous year. Revenue fell 4.9% to ₽2.219 trillion against ₽2.333 trillion a year earlier.