Stock market news

QIFA

Digital b2b trading platform Kifa has set its IPO price range at ₽92-110 per share. Company intends to float 18.5 million additional shares. Raised funds will be used to finance the investment program: creation of digital trading hubs, expansion of functionality and automation of processes on the digital platform, strengthening of the team, as well as M&A. C...

M.Video

M.Video CEO Bilan Uzhakhov has become the retailer's majority shareholder. He now indirectly owns 53.63% of the company's shares.

International Trade Centre

International Trade Center's RAS net profit for 6 months of 2024 was ₽1.91 million, down 6.4% from ₽2.04 million in the previous year. Revenue increased 18.7% to ₽4.37 billion against ₽3.68 billion a year earlier.

Novorossiysk Commercial Sea Port

Novorossiysk Commercial Sea Port's RAS net profit for 6 months of 2024 amounted to ₽29.04 billion, up 65.2% from ₽17.58 billion in the previous year. Revenue rose 17.7% to ₽17.64 billion against ₽14.99 billion a year earlier.

ZIL

I.A. Likhachev Plant's RAS net profit for 6 months of 2024 amounted to ₽1.44 billion, up 4 times from ₽0.353 billion in the previous year. Revenue rose 19.1% to ₽1.87 billion against ₽1.57 billion a year earlier.

Moscow confectionery factory Krasny Oktyabr

Red October's RAS net profit for 6 months of 2024 amounted to ₽110.1 million, down 5 times from ₽571.09 million in the previous year. Revenue increased 6.8% to ₽9.14 billion against ₽8.56 billion a year earlier.

NOVATEK

Novatek's RAS net profit for 6 months of 2024 amounted to ₽108.25 billion, down almost three times from ₽319.94 billion in the previous year. Revenue rose 15% to ₽436.64 billion against ₽379.7 billion a year earlier.

T-Bank

T-Bank is preparing to launch its own non-state pension fund, Tinkoff Pension. Company has already received a license from the Bank of Russia, which allows it to operate in the pension market, including participation in the long-term savings program. Fund will be based on the "Perpetual Portfolio" strategy, which invests in shares, long-term and short-term b...

Mosenergo

Mosenergo's power plants for 6 months of 2024 generated 34.33 billion kW∙h of electricity, which is 6.7% more than 32.18 billion kW∙h a year earlier. Heat output increased by 10.6%, amounting to 49.9 million Gcal.

Rushydro

Electricity generation by RusHydro Group, including Boguchanskaya HPP, for 6 months of 2024 amounted to 76.7 bln kWh, up 7% year-on-year. Heat supply in the Far Eastern Federal District decreased by 0.5% to 17.2 mln Gcal. Total useful output of the Group's energy sales companies amounted to 26.1 bln kWh, up 6.3%.