Stock market news

RUSAL

Rusal's RAS loss for 6 months of 2023 amounted to ₽0.332 billion, against a profit of ₽85.48 billion in the previous year. Revenue of the holding company was not earned in the period under review. A year earlier, the figure stood at ₽70.323 billion.

Alcoa

The Alcoa Board of Directors announced a quarterly dividend of $0.1 per share. The last day to buy securities to receive the dividend is August 4, 2023. The annual dividend yield may reach 1.01%.

Alrosa

Joint venture of Alrosa and the National Diamond Mining Company of Zimbabwe continues geological exploration works in the country despite sanctions. It is planned to complete these works and start diamond mining by the end of this year.

EL5-Energo

Electricity generation by EL5-Energo for 6 months of 2023 amounted to 10.468 bln kW⋅h, down 2.6% year-on-year. Useful electricity output also decreased by 2.6% to 9.921 billion kW⋅h. Heat supply decreased by 6.1% to 2.025 mln Gcal.

NOVATEK

TotalEnergies will be contractually obliged to take delivery of liquefied natural gas from the Arctic LNG 2 project if it starts production, said the French company's CEO Patrick Pouyanne. Arctic LNG 2 has a design capacity of 19.8 million tons of LNG per year. TotalEnergies accounts for 10% of the gas, or 1.98 million tons of LNG. Launch of the first line w...

Comcast

The Comcast Board of Directors announced a quarterly dividend of $0.29 per share. The last day to buy securities to receive the dividend is October 2, 2023. The annual dividend yield may reach 2.95%.

X5 Group

Pyaterochka retail chain was deprived of its license to sell alcohol in St. Petersburg. Alcohol sales have been suspended in more than 500 stores. Decision to revoke the license is connected with a violation committed three years ago. Then in one of the chain stores alcohol was sold to a minor. At the same time, the fine was paid at the same time, in 2020.

VTB Bank

VTB launched a pilot project to enter the mass client segment in order to scale it to the entire retail network and increase its share in this market from 7% to 25%. Pilot projects will be conducted from July 1 to September 30 in three regions - the Kemerovo, Sverdlovsk and Ivanovo Regions. In these regions, the bank has updated its product line for the mass...

Renaissance Insurance

Renaissance Insurance's RAS net profit for 6 months of 2023 amounted to ₽5.843 billion, against a loss of ₽4.461 billion in the previous year. Earned insurance premiums rose 12.2% to ₽26.97 billion against ₽24.042 billion a year earlier.

Rushydro

RusHydro's RAS net profit for 6 months of 2023 amounted to ₽34.11 billion, down 1.8% from ₽34.73 billion in the previous year. Revenue increased by 11.2% to ₽112.55 billion against ₽101.25 billion a year earlier.