Stock market news

Yakovlev

Government will finance the MS-21 domestic airliner project with ₽280 billion from the National Welfare Fund, Russian Finance Minister Anton Siluanov said. Another ₽42 billion will be allocated for the development of the project to increase the production of civilian Tu-214 airplanes.

X5 Group

Pyaterochka stores in St. Petersburg are selling alcohol again. Company has restored its license for the sale of alcoholic beverages. License validity was suspended last week. Reason was a violation committed three years ago: alcohol was sold to a minor then. In total, the sale of alcohol was suspended in about 500 Pyaterochka stores in St. Petersburg.

Exxon Mobil

The Exxon Mobil Board of Directors announced a quarterly dividend of $0.91 per share. The last day to buy securities to receive the dividend is August 14, 2023. The annual dividend yield may reach 3.32%.

Reata Pharmaceuticals

Biogen is buying Reata Pharmaceuticals for $7.3 billion, or $172.5 per share. Closing of the transaction is expected to take place in Q4 2023.

Inter RAO

Inter RAO Export and Electricidade de Mocambique signed a cooperation agreement on the 120 MW Lurio-2 HPP construction project in Mozambique. Russian company has developed a comprehensive approach for the development and implementation of projects in Africa - from supplying power equipment to turnkey construction of facilities with the involvement of local c...

Federal Grid Company - Rosseti

Rosseti Group in the first half of 2023 connected to the mainline infrastructure of the Unified National Power Grid more than 1,000 MW of capacity. Grid organizations and direct consumers accounted for 482 MW and 419 MW, respectively.

TNS Energy Kuban

TNS Energy Kuban's RAS net profit for 6 months of 2023 amounted to ₽59.829 million, compared to a loss of ₽61.83 million in the previous year. Revenue increased by 15.4% to ₽38.851 billion against ₽33.671 billion a year earlier.

Kostroma power sales Company

Kostroma Sales Company's RAS net profit for 6 months of 2023 amounted to ₽26.807 million, up 20.6% from ₽22.227 million in the previous year. Revenue increased 12.6% to ₽5.406 billion against ₽4.801 billion a year earlier.

Rosseti of the South

Rosseti South's RAS net profit for 6 months of 2023 amounted to ₽2.158 billion, up 3.8 times from ₽0.57 billion in the previous year. Revenue rose 17.4% to ₽23.731 billion against ₽20.216 billion a year earlier.

TNS Energy Mari El

TNS Energy Mari El's RAS net profit for 6 months of 2023 amounted to ₽1.202 billion, up 6 times from ₽0.209 billion in the previous year. Revenue increased 8.7% to ₽4.932 billion vs. ₽4.539 billion a year earlier.