Stock market news

SPB Exchange

Bank of Russia included SPB Exchange in the register of digital financial assets exchange operators. Status of an exchange operator allows the exchange to ensure transactions with DFAs issued not only in its own information system, but also in other systems. In June 2023, the Exchange obtained the status of an information system operator for issuing DFAs, an...

VK

VK has acquired a 25% stake in digital bank Tochka, which provides a range of services for entrepreneurs, the company disclosed in its annual report. Amount of deal amounted to ₽11.625 billion. Based on this amount, the whole Tochka was valued at ₽46.5 billion. At the same time, Tochka itself published a press release, which said that in addition to VK, 1C c...

Diasoft

Diasoft's EBITDA for 9 months of fiscal 2023 was ₽3.099 billion, up 30.8% from ₽2.369 billion in the previous year. Revenue increased 25.9% to ₽6.784 billion compared to ₽5.387 billion a year earlier.

Lenta

Lenta's IFRS loss for 2023 amounted to ₽2.63 billion, compared to a profit of ₽3.61 billion in the previous year. Revenue rose 14.6% to ₽615.92 billion against ₽537.4 billion a year earlier.

EN+ Group

En+ Group's IFRS net profit for 2023 amounted to $0.72 bln, down 2.6 times from $1.85 bln in the previous year. Revenue increased by 0.6% to $16.65 bln vs. $16.55 bln a year earlier.

Sistema

Element Group of Companies will be technically ready for an IPO in the first half of 2024, according to the company's president Ilya Ivantsov. In mid-March, Vedomosti sources reported about Element's plans to hold an IPO. According to the newspaper, the company expects to receive a valuation of ₽100-150 billion and raise ₽10-15 billion to finance a large-sca...

VK

VK's IFRS loss for 2023 was ₽34.29 billion, up 8.8 times from ₽3.91 billion in the previous year. Revenue rose 35.8% to ₽132.77 billion against ₽97.77 billion a year earlier.

Samolet Group of Companies

Samolet Group has withdrawn from a residential project in Kazan, having sold its share to a partner. Earlier, Airplane and R Estate agreed to jointly develop 113 hectares in the Sovetsky District of Kazan, where it was planned to build a low-rise residential complex. However, later the media reported that the project may be changed to the construction of nin...

Sberbank

Sberbank plans to use artificial intelligence to train clients to trade on the stock market, as well as to launch robo-advising with a low entry threshold for retail clients and integrate social mechanics into Sberinvestments. Overall, the bank is targeting a younger audience by conducting financial literacy courses in schools and offering them investment op...

Bank St. Petersburg

Board of Directors of Bank Saint-Petersburg recommended to pay dividends of ₽23.37 per common share and ₽0.22 per preferred share for 2023. Last day to purchase securities for dividends is May 3, 2024. Dividend yield on common stock could be 7.8% and on preferred stock could be 0.37%.