Stock market news

Zaymer

MFK Zaimer's RAS net profit for 3 months of 2024 amounted to ₽0.848 billion, down 2 times from ₽1.72 billion in the previous year. Net interest income fell 6.8% to ₽4.733 billion vs. ₽5.08 billion a year earlier.

Astrakhan Power Sale Company

Astrakhan Power Supply Company's IFRS net profit for 2023 amounted to ₽54.114 billion, up 11.5 times from ₽4.696 billion in the previous year. Revenue rose 15.5% to ₽14.092 billion against ₽12.196 billion a year earlier.

Severstal

Severstal's IFRS net profit for 3 months of 2024 amounted to ₽47.42 billion, up 12.9% from ₽42 billion in the previous year. Revenue increased 19.7% to ₽188.71 billion vs. ₽157.62 billion a year earlier.

Severstal

Severstal for 3 months of 2024 produced 2.901 million tons of steel, up 7% from 2.701 million tons a year earlier. Pig iron production increased by 2% to 2.776 million tons. Sales of steel products fell 11% to 2.474 million tons. Share of high value-added products increased by 8 p.p. to 51%.

Severstal

Board of Directors of Severstal recommended that dividends be paid for 3 months 2024 in the amount of ₽38.3 per ordinary share. The last day of the purchase of securities to receive dividends is June 17, 2024. Dividend yield may amount to 2.04%.

Inter RAO

Inter RAO decided to purchase 3.132 billion shares from a minority shareholder, which corresponds to 3% of the share capital. Buyout will be carried out within six months. Further disposal of the acquired stake will be in line with the company's medium-term strategy and involves several options or a combination of them: sale to a strategic investor, use of t...

Volgograd Energosbyt

Volgogradenergosbyt's IFRS net profit for 2023 amounted to ₽1.769 billion, up twofold from ₽0.884 billion in the previous year. Revenue rose 12.8% to ₽29.56 billion against ₽26.197 billion a year earlier.

Solikamsk magnesium plant

National Association of Stock Market Participants sent a letter to the Supreme Court stating that the association considers the seizure of 10.6% of shares of Solikamsk Magnesium Plant from minority shareholders in favor of the state to be unjustified. Association notes that the seizure of shares acquired at organized trades is a violation of legal principles...

Sberbank

Sberbank has bought 40% of Gorno-Altaisk airport from AFK Sistema, said Chairman of the Bank's Management Board German Gref. Sistema and Sberbank acquired Gorno-Altaisk airport from Sibmost in 2017. At the end of last year, the airport's passenger traffic amounted to 429,269 people, an increase of 31.8% compared to 2022. Bank plans to make the airport an int...

Sistema

Sberbank has bought 40% of Gorno-Altaisk airport from AFK Sistema, said Chairman of the Bank's Management Board German Gref. Sistema and Sberbank acquired Gorno-Altaisk airport from Sibmost in 2017. At the end of last year, the airport's passenger traffic amounted to 429,269 people, an increase of 31.8% compared to 2022.