Stock market news

Rosneft Oil Company

Specialists of Rosneft's research institute in Ufa have developed an innovative technology of multi-stage hydraulic fracturing for ultra-low permeability rocks. New technology will make it possible to increase the productivity of wells at fields with complex geological structure by 2-3 times. For example, after the technology was applied to two wells in the...

Tambov Energy Supply Company

Tambov Power Supply Company's IFRS net profit for 6 months of 2023 amounted to ₽154.28 million, up 16.7% from ₽132.21 million in the previous year. Revenue declined 0.9% to ₽3.039 billion against ₽3.067 billion a year earlier.

Rostelecom

Rostelecom's venture fund has become the owner of 35.17% in fintech startup Fazum, according to SPARK-Interfax data. Operator announced investment in Fazum in early August, the amount of investment, as well as the share that the company was going to get as a result, were not named. Startup is developing a platform of more than 300 services to automate bankin...

NOVATEK

Board of Directors of NOVATEK recommended that dividends be paid for 6 months 2023 in the amount of ₽34.5 per ordinary share. The last day of the purchase of securities to receive dividends is October 9, 2023. Dividend yield may amount to 2.06%.

Kostroma power sales Company

Kostroma Sales Company's IFRS net profit for 6 months of 2023 amounted to ₽30.771 million, down twofold from ₽64.562 million in the previous year. Revenue increased 12.5% to ₽5.481 billion against ₽4.87 billion a year earlier.

Novorossiysk Bakery Products Plant

Novorossiysk Combinat Hleboproducts' IFRS net profit for 6 months of 2023 amounted to ₽2.452 billion, up 5 times from ₽0.501 billion in the previous year. Revenue increased 2.6 times to ₽4.476 billion against ₽1.696 billion a year earlier.

Cherkizovo Group

Cherkizovo Group acquired about 10,000 hectares of agricultural land in the Tula Region. Earlier it was reported that a plant for processing slaughter by-products is planned to be built in the Vostochny village of Efremov in the Tula Region. Project will be realized in 2024. Investment volume will amount to about ₽4 billion.

Tomsk Switching Company

Tomsk Distribution Company's IFRS net profit for 6 months of 2023 amounted to ₽358.5 million, up 2.2 times from ₽164.96 million in the previous year. Revenue rose 17.7% to ₽4.737 billion against ₽4.026 billion a year earlier.

Rosseti Siberia

Rosseti Siberia's IFRS net profit for 6 months of 2023 amounted to ₽607 million, against a loss of ₽891.44 million in the previous year. Revenue increased by 7.8% to ₽35.078 billion versus ₽32.552 billion a year earlier.

M.Video

M.Video's RAS net profit for 6 months of 2023 amounted to ₽56.405 million, up 44.6% from ₽38.997 million in the previous year. Revenue declined 0.2% to ₽113.49 million compared to ₽113.7 million a year earlier.