Stock market news

RN-Western Siberia

RN-West Siberia's RAS loss for 2023 amounted to ₽33.27 million, compared to a profit of ₽50.68 million in the previous year. Revenue decreased 3.3 times to ₽5.29 million against ₽17.61 million a year earlier.

Solidcore Resources

Polymetal will try to convince minority shareholders that a listing on the Moscow Exchange is not necessary for both the company and the investors themselves, said Polymetal's head Vitaly Nesis in a large interview with Interfax. However, holders of small stakes have neither desire nor economic sense to transfer their securities to Astana. Now the company is...

Gazprom

Gazprom's RAS net profit for 2023 amounted to ₽695.57 billion, down 6.9% from ₽747.25 billion in the previous year. Revenue fell 29.6% to ₽5.62 trillion against ₽7.98 trillion a year earlier.

Solidcore Resources

Polymetal plans to start underground mining at Kyzyl in Kazakhstan in 2031, said the company's head Vitaly Nesis. Investment in the project is tentatively estimated at $200-250 mln. While it is at the stage of basic design decisions, detailed design has not yet begun. Polymetal started production at Kyzyl in 2018. Ore mining is carried out by open pit mining...

Novorossiysk Commercial Sea Port

NCSP's RAS net income for 2023 amounted to ₽29.35 billion, up 7.4% from ₽27.32 billion in the previous year. Revenue increased 18% to ₽29.15 billion against ₽24.72 billion a year earlier.

MOEX Group (Moscow Exchange)

Board of Directors of Moscow Exchange has set May 13 as the record date for the payment of 2023 dividends of ₽17.35 per common share. Last day to purchase securities for the dividend is May 10, 2024. Dividend yield could be as high as 8.1%.

Ashinskiy metallurgical works

Ashinskiy Metallurgical Plant's RAS net profit for 2023 amounted to ₽9.61 billion, down 10.4% from ₽10.72 billion in the previous year. Revenue increased by 9.1% to ₽46.32 billion against ₽42.45 billion a year earlier.

Volgograd Energosbyt

Volgogradenergosbyt's RAS net profit for 2023 amounted to ₽1.69 bln, up 2.5 times from ₽0.66 bln in the previous year. Revenue increased 12.4% to ₽34.17 billion against ₽30.4 billion a year earlier.

Lipetsk Energy Supply Company

Lipetsk Power Supply Company's RAS net profit for 2023 amounted to ₽1.41 billion, up 80.8% from ₽0.78 billion in the previous year. Revenue increased by 6.4% to ₽15.03 billion against ₽14.13 billion a year earlier.

Magnit

Dixie chain has implemented Imredi OSA digital assistant, which controls the availability of goods on the shelf. Software solution also identifies weaknesses and prompts employees on how to eliminate them. Already at the pilot stage, turnover increased by 1%, which amounts to billions of rubles in additional revenue for the company.