Stock market news

Far-Eastern Shipping Company

Fesco Transportation Group will provide supplies of foreign components for the production of the Russian electric car Atom, which is being developed by AO Kama. Parties expect long-term cooperation in the transportation of automotive components and spare parts from China, India, Turkey and South-East Asia to Russia. Fesco will utilize both its own regular co...

Bashinformsvyaz

Bashinformsvyaz's RAS net profit for 2023 amounted to ₽1.65 billion, up 29.9% from ₽1.27 billion in the previous year. Revenue increased by 8.5% to ₽6.03 billion against ₽5.56 billion a year earlier.

PIK-specialized developer

PIK's RAS net profit for 2023 amounted to ₽27.48 billion, down 45% from ₽49.93 billion in the previous year. Revenue fell 45.8% to ₽39.96 billion against ₽73.71 billion a year earlier.

Inter RAO

Board of Directors of Inter RAO recommended that dividends be paid for 2023 in the amount of ₽0.32599926360805 per ordinary share. The last day of the purchase of securities to receive dividends is May 31, 2024. Dividend yield may amount to 8.13%.

Rosbank

Board of Directors of TCS Holding has determined the parameters of the additional share issue as part of the Rosbank acquisition deal. Bank intends to place 130 million ordinary shares by private subscription in favor of Vladimir Potanin's structures at a price of ₽3423.62 per share. Shareholders' meeting on the issue will be held on May 8, 2024.

T-Bank

Board of Directors of TCS Holding has determined the parameters of the additional share issue as part of the Rosbank acquisition deal. Bank intends to place 130 million ordinary shares by private subscription in favor of Vladimir Potanin's structures at a price of ₽3423.62 per share. Shareholders' meeting on the issue will be held on May 8, 2024.

Cherkizovo Group

Cherkizovo Group acquired Venta-Oil LLC, which owns a grain storage and processing complex in the Orenburg region. Complex includes a feed production facility, which after modernization will be able to produce about 50,000 tonnes of products per year, an elevator with a capacity to store 54,000 tonnes of grain at a time, a silo and a warehouse for finished p...

Slavneft-Yaroslavnefteorgsintez

Slavneft-Yaroslavnefteorgsintez's RAS net profit for 2023 amounted to ₽6.58 billion, up 4.3 times from ₽1.52 billion in the previous year. Revenue increased 22.1% to ₽41.19 billion against ₽33.73 billion a year earlier.

Artgen

Board of Directors of Artgen Biotech has assessed the company's current financial performance and plans for 2024 and sees no need for an additional share issue, Artgen Biotech CEO Sergey Masyuk said. In 2024, the company will continue to work on expanding the markets and geography of presence of the group's services, Neovasculgen and Histograft products. Wor...

Transneft

Transneft's RAS net profit for 2023 amounted to ₽187.04 billion, up 83.2% from ₽102.09 billion in the previous year. Revenue rose 9.1% to ₽1.194 trillion against ₽1.094 trillion a year earlier.