Stock market news

VTB Bank

VTB's IFRS net income in 2Q 2023 amounted to ₽142.6 billion, YTD - ₽289.8 billion. Net interest income in 2Q 2023 amounted to ₽194.6 billion, in 6 months of 2023 - ₽367.9 billion.

Shell

Shell's IFRS net profit for 6 months of 2023 amounted to $11.926 bln, down 2 times from $25.557 bln in the previous year. Revenue fell by 11.4% to $165.04 bln vs. $186.25 bln a year earlier.

VK

VK plans to enter the market of ticket aggregators and build a new service into its social network Vkontakte, follows from the vacancies posted by VK in a new project related to the entertainment industry. Vedomosti's source confirmed that the company is now working on creating a ticketing infrastructure and the necessary technological services. A VK represe...

Rosseti Kuban

Rosseti Kuban's RAS net profit for 6 months of 2023 amounted to ₽3.867 billion, up 2-fold from ₽1.97 billion in the previous year. Revenue increased 21.8% to ₽35.889 billion against ₽29.467 billion a year earlier.

Lenta

Retail chain Lenta is considering acquiring the operator of over 2,000 Monetka discounters in Yekaterinburg, Perm, Tyumen and other cities, whose profitability is higher than that of a number of federal market players. It is planned that Monetka stores will continue to operate under this brand, the same name will be given to the supermarket chain Semya in Pe...

Phosagro

Phosagro plans to increase exports to Africa by 1.8 times to 1 million tonnes per year by 2025. Exports to Africa will be increased through the launch of a fertilizer production complex at the Volkhov plant with a capacity of 1 million tonnes per year. Main product of the plant is ammophos. Its location near Baltic ports will facilitate exports to friendly c...

Far-Eastern Energy Company

Far East Energy Company's RAS net profit for 6 months of 2023 amounted to ₽1.872 billion, up 14.3% from ₽1.638 billion in the previous year. Revenue rose 32.9% to ₽81.27 billion against ₽61.134 billion a year earlier.

Yakutskenergo

Yakutskenergo's RAS net profit for 6 months of 2023 amounted to ₽865.47 mln, up 2.4 times from ₽355.28 mln in the previous year. Revenue rose 27.2% to ₽19.226 billion against ₽15.109 billion a year earlier.

VK

Provision obliging to sell smart TV sets in Russia only with RuStore application store pre-installed has disappeared from the latest version of the draft of the relevant act. Draft decree was changed due to the fact that the technical implementation of the requirement is to be finalized, the Ministry of Digital Media explained. Requirement of deep integratio...

TotalEnergies (Total)

TotalEnergies' IFRS net income for 6 months of 2023 amounted to $9.78 bln, down 9.9% from $10.86 bln in the previous year. Revenues fell 17.1% to $118.87 billion from $143.38 billion a year earlier.