Stock market news

Cherkizovo Group

Cherkizovo's IFRS net profit for 6 months of 2023 amounted to ₽16.649 billion, up 2.3 times from ₽7.23 billion in the previous year. Revenue rose 15.6% to ₽102.81 billion against ₽88.92 billion a year earlier.

Rosgosstrakh

Rosgosstrakh's IFRS net profit for 6 months of 2023 amounted to ₽2.117 billion, up 1.1% from ₽2.095 billion in the previous year. Earned insurance premiums decreased 9.8% to ₽35.865 billion against ₽39.76 billion a year earlier.

EN+ Group

En+ Group's IFRS net profit for 6 months of 2023 amounted to $0.662 bln, down 3 times from $1.801 bln in the previous year. Revenue decreased by 12.5% to $7.283 bln vs. $8.324 bln a year earlier.

MOEX Group (Moscow Exchange)

Bank of Russia may extend the moratorium on the delisting of securities of quasi-Russian companies from the Moscow Exchange due to the exclusion of their securities from foreign platforms, a representative of VTB told Vedomosti. Many market participants are expecting such a step from the regulator, as few issuers have time to meet the deadline, note the edit...

Cisco Systems

Cisco's GAAP net income for fiscal 2023 was $12.613 billion, up 6.8% from $11.812 billion in the prior year. Revenue increased 10.6% to $56.998 billion from $51.557 billion a year earlier.

QIWI

Qiwi analyzed the impact of the Bank of Russia's restrictions on its business based on its actual results for the first half of 2023. Pessimistic scenario assumes that the effect in the first half of the year on payment volume would be up to 20%, on net revenue up to 25% and on adjusted net income up to 40%. Restrictions have been in place since July 26, acc...

Cisco Systems

The Cisco Systems Board of Directors announced a quarterly dividend of $0.39 per share. The last day to buy securities to receive the dividend is October 2, 2023. The annual dividend yield may reach 3.05%.

QIWI

QIWI's IFRS net profit for 6 months of 2023 amounted to ₽9.316 billion, up 93.4% from ₽4.817 billion in the previous year. Revenue increased 51.3% to ₽35.909 billion against ₽23.732 billion a year earlier.

Globaltrans Investment

Globaltrans shareholders have approved the decision to redomicile the company from Cyprus to Abu Dhabi. Earlier, the company warned that due to various existing restrictions, the proposed redomiciliation as such does not mean unconditional resumption of dividend payments to shareholders.

Mechel

Mechel's RAS net profit for 6 months of 2023 amounted to ₽6.788 billion, up 3.4 times from ₽1.977 billion in the previous year. Revenue declined 2.2 times to ₽8.029 billion against ₽17.644 billion a year earlier.