Stock market news

VTB Bank

VTB's RAS net profit for 2023 amounted to ₽223.39 billion, against a loss of ₽756.77 billion in the previous year. Net interest income rose 94.8% to ₽529.02 billion against ₽271.55 billion a year earlier. Commission income rose 17% to ₽183.9 billion.

Nizhnekamskshina

Nizhnekamskshina's RAS net profit for 2023 amounted to ₽233.31 million, down 4 times from ₽953.14 million in the previous year. Revenue increased 15.8% to ₽11.105 billion against ₽9.588 billion a year earlier.

Mosenergo

Mosenergo's RAS net profit for 2023 amounted to ₽19.26 billion, down 7% from ₽20.72 billion in the previous year. Revenue increased 8.9% to ₽247.15 billion against ₽226.95 billion a year earlier.

Segezha Group

Segezha Group opened a new accelerated railroad container route for plywood delivery to China. At the end of February, 70 containers with birch plywood formed directly on the railroad tracks of the Galich Plywood Mill departed from Galich station of the Northern Railway to Taicang and Qingdao. Such approach reduces the cost of transportation, increases the s...

Unipro

Unipro's RAS net profit for 2023 amounted to ₽21.48 billion, up 2.2 times from ₽9.86 billion in the previous year. Revenue rose 11.7% to ₽124.19 billion against ₽111.23 billion a year earlier.

Rusolovo

Glavgosexpertiza issued a permit to Rusolovo for the construction of an underground mine at the Pravourmyskoye tin ore deposit in the Verkhnebureinsky District of Khabarovsk Territory. Construction of the underground mine is planned as part of the investment project to create a mining and processing enterprise on the basis of the Pravourmyskoye tin deposit....

Magnit

Couriers of Magnit Delivery will start delivering orders from restaurants and partner stores. First partners of Magnit will be network companies that operate in the catering market. At the first stage Magnit will cooperate with partners who have the necessary technical capabilities to connect to the infrastructure of the retailer. By the end of the year it i...

Credit Bank of Moscow

Moscow Credit Bank's IFRS net profit for 2023 amounted to ₽59.78 billion, up 8 times from ₽7.47 billion in the previous year. Revenue increased 92.3% to ₽116.18 billion against ₽60.43 billion a year earlier.

VTB Bank

VTB's net profit in 2024 should reach ₽435 billion, in 2025 - ₽520 billion, and in 2026 to reach ₽650 billion, said at the presentation of the bank's development strategy for 2024-2026 Deputy Chairman of the bank Dmitry Pyanov. Net interest margin is planned to increase to 3.6% by 2026. Return on equity in 2024 and 2025 should be at the level of 19%, and in...

TMK

TMK management will agree on a dividend recommendation for 2023 in April, said Igor Baryshnikov, TMK's Director for Strategy and Capital Markets. TMK's dividend policy provides for distribution of at least 25% of IFRS net profit for dividends if Net Debt / Scorr. EBITDA is below 5.5x. Profit for 2023 amounted to ₽39.4 billion, Adjusted EBITDA - ₽130.1 billio...