Stock market news

Inter RAO

Inter RAO's IFRS net profit for 6 months of 2024 amounted to ₽79.54 billion, up 17.3% from ₽67.82 billion in the previous year. Revenue rose 10.7% to ₽727.99 billion against ₽657.41 billion a year earlier.

Credit Bank of Moscow

ICB's IFRS net profit for 6 months of 2024 amounted to ₽19.47 billion, down 36% from ₽30.41 billion in the previous year. Net interest income rose 15.7% to ₽59.39 billion against ₽51.35 billion a year earlier.

Softline

Softline published an invitation to make exchange offers to acquire shares. Participants of the first stage of Noventiq receipts exchange had an opportunity to purchase Softline shares in the amount equal to the number of shares of the company held by them as of September 23, 2024, but not more than they received in the first stage of the exchange.

Rostelecom

Rostelecom's IFRS net profit for 6 months of 2024 amounted to ₽26.08 billion, down 3% from ₽26.89 billion in the previous year. Revenue increased 8.8% to ₽353.06 billion compared to ₽324.54 billion a year earlier.

Polyus

Gold miner Polyus passed the verification of the results of the first stage of the climate project at the Olympiada and Blagodatnoye deposits. Company partially replaced coal- and oil-fueled generation with less carbon-intensive grid power supply and registered 2.16 million carbon units in the Russian Contour registry. In 2028, the second phase will result i...

Abrau-Durso

Abrau-Durso's RAS net profit for 6 months of 2024 amounted to ₽923.49 million, up 2.5 times from ₽383.09 million in the previous year. Revenue rose 26.9% to ₽163.49 million against ₽128.81 million a year earlier.

MOEX Group (Moscow Exchange)

Non-residents bought ₽8.1 billion worth of foreign securities as part of an asset swap with Russian private investors. Foreigners bought out only 23% of the offered volume, as new sanctions were imposed by foreign regulators during the bid collection period and buyers need additional time to study the procedure and assess risks. Organizer of trades considers...

VK

VK has launched a new free service for organizing the work of tutors and students - VK Tutoria. It combines a calendar, notes, Mail.ru Cloud data storage, a built-in interactive whiteboard, as well as VK Messenger and VK Calls. RBC's interlocutors estimated investments in the project at ₽200-300 million. Monetization of the service will be done through subsc...

Element

Element Group will develop solutions and manufacture onboard equipment for civilian unmanned aircraft systems. Equipment will include flight controllers, engine regulators and communication with the operator, and will be manufactured on the basis of domestic electronic components. Company already has ready production of the necessary microcircuits, which wil...

Rostelecom

Rostelecom's Board of Directors has recommended a dividend of ₽6.06 per ordinary and preferred share for 2023. Last day to purchase securities for dividends is September 26, 2024. Dividend yield on common stock could be 7.33, preferred stock - 7.96%.