Stock market news

Softline

European Bank for Reconstruction and Development, which last year announced its desire to completely withdraw from its Russian assets, has found a buyer for its stake in Moscow Exchange, sources told Forbes. Buyer of 5.3% of shares of the trading floor became IT-company Softline. Deal has already been approved by the government commission on foreign investme...

Far-Eastern Shipping Company

Fesco Transportation Group expects the container market in Russia to grow by 15% in 2023, said Andrei Severilov, Chairman of the Board of Directors of the company. Growth continues in the Far East and the south of Russia, in the north-western direction, a certain recovery of the market of sea transportation is also recorded, said the top manager. At the end...

Far-Eastern Shipping Company

Fesco Transportation Group is maintaining its plans to acquire aircraft for cargo transportation and is considering the possibility of purchasing two foreign-made narrow-body aircraft for this purpose. Company is also studying the issue of technical management of vessels, which is inevitably connected with the acquisition of airplanes. Both the possibility o...

INARCTICA (Russian Aquaculture)

INARCTICA's RAS net profit for 9 months 2023 amounted to ₽2.265 billion, down 36.1% from ₽3.542 billion in the previous year. Revenue declined 34.9% to ₽2.451 billion against ₽3.767 billion a year earlier.

Yakovlev

Yakovlev's RAS net profit for 9 months of 2023 amounted to ₽9.687 billion, up 3.6 times from ₽2.709 billion in the previous year. Remaining figures of the financial results report were not disclosed by the company.

Seligdar

Board of Directors of Seligdar recommended that dividends be paid for 9 months 2023 in the amount of ₽2 per ordinary share. The last day of the purchase of securities to receive dividends is November 30, 2023. Dividend yield may amount to 2.47%.

American Express

American Express' GAAP net income for 9 months of 2023 totaled $6.441 billion, up 8.4% from $5.942 billion in the prior year. Revenue increased 15.6% to $44.716 billion from $38.686 billion a year earlier.

South Kuzbass Coal Company

Southern Kuzbass Coal Company's RAS net profit for 9 months of 2023 amounted to ₽1.752 billion, down 7.6 times from ₽13.351 billion in the previous year. Revenue fell 39.3% to ₽30.528 billion against ₽50.253 billion a year earlier.

LSR Group

Value of LSR's new contracts in 9 months of 2023 amounted to ₽145 billion, up 2.3 times from ₽64 billion a year earlier. In physical terms, the volume of sales increased 2.1 times, to 775 thousand square meters. Share of mortgage transactions amounted to 76%.

Kuznetskiy Bank

Board of Directors of Kuznetskiy Bank recommended that dividends be paid for 9 months 2023 in the amount of ₽0.0015997518 per ordinary share. The last day of the purchase of securities to receive dividends is December 8, 2023. Dividend yield may amount to 2.45%.