Stock market news

Alrosa

Alrosa should decide on the upcoming investment cycle to support production after 2030, Sakha (Yakutia) Republic Aysen Nikolaev said during a working meeting with Russian President Vladimir Putin. Construction of the largest Mir-Gluboky mine in Mirny, which began this year, is expected to provide jobs in diamond mining for 50 years. However, to avoid problem...

Sovcombank

Sovcombank posted an IFRS net profit of ₽95.036 billion for 2023, against a loss of ₽18.583 billion in the previous year. Net interest income rose 34.8% to ₽138.86 billion versus ₽103.03 billion a year earlier.

Solidcore Resources

Polymetal's IFRS net profit for 2023 amounted to $528 million, compared to a loss of $288 million in the previous year. Revenue increased by 8% to $3.025 bln vs. $2.801 bln a year earlier.

RUSAL

Rusal's IFRS net profit for 2023 amounted to $0.282 billion, down 6.4 times from $1.793 billion in the previous year. Revenue fell 12.6% to $12.213 billion against $13.974 billion a year earlier.

Inter RAO

Board of Directors of Inter RAO appointed Sergey Dregval as the company's new CEO. Boris Kovalchuk's powers were terminated. Earlier, Kommersant's sources reported that Kovalchuk was being promoted. According to Bloomberg, he may take the post of Energy Minister instead of Nikolai Shulginov

Nebius Group

Avtotor plant handed over the first 5 A5 electric cars of the Amberavto brand to Yandex.Taxi, by the end of April there will be 50 of them. Project of creation of the first electric cab in Kaliningrad region is realized by the company KONIG - RENT, which today is the largest fleet of 300 cars. Electric sedan A5 has a range of up to 520 km. Vehicle is equippe...

Gazprom Neft

Gazprom Neft's IFRS net profit for 2023 amounted to ₽637.52 billion, down 15.9% from ₽758.28 billion in the previous year. Revenue rose 3.2% to ₽3.52 trillion against ₽3.412 trillion a year earlier.

International Trade Centre

Board of Directors of World Trade Center has recommended a dividend of ₽0.68682891566 per common and preferred share for 2023. Last day to purchase securities to receive the dividend is May 2, 2024. Dividend yield on common stock could be 4.26% and on preferred stock could be 5.57%.

European Eltech

OMZ Perspektivnye Tekhnologii Group acquired a 61.02% stake in European Electrotechnika from the company's co-founders Sergey Dubenk and Ilya Kalenkov. After the deal, they were left with 14.39% and 14.76% respectively. On the basis of European Electrotechnics will be created a competence platform in the field of engineering and supply of equipment for the o...

Cherkizovo Group

Cherkizovo Group shipped to China about 2.8 thousand tons of soybean oil produced by the Cherkizovo-Masla oil extraction plant. In total, the Group plans to ship 17,000 tons of oil abroad in 2024. In the long term, export volumes may increase to 70 thousand tons per year.