Stock market news

Polyus

Polyus closed the sale of all of its shares in Lenzoloto ZDK to a group of investors from Russia. Transaction is the next stage in the implementation of our operational strategy and will allow us to focus on the development of our largest open pit gold projects, including Sukhoi Log, commented Alexey Vostokov, CEO of Polyus.

Lenzoloto

Polyus closed the sale of all of its shares in Lenzoloto ZDK to a group of investors from Russia. Transaction is the next stage in the implementation of our operational strategy and will allow us to focus on the development of our largest open pit gold projects, including Sukhoi Log, commented Alexey Vostokov, CEO of Polyus.

Gazprom

Moscow and Beijing will sign an agreement on the construction of the Power of Siberia 2 pipeline after they agree on the price, Russian Deputy Energy Minister Sergei Mochalnikov said at a session of the National Oil and Gas Forum. At the same time, he did not specify whether it was about the price of gas to be supplied in the future or other commercial terms...

EN+ Group

En+ Group will allocate about ₽50 billion for the development of its joint venture with CHN Energy - the largest coal project in Transbaikalia to develop the Zashulanskoye deposit. Achievement of the design capacity of 5 million tons of coal per year is scheduled for the end of 2027, and all works are being carried out strictly according to schedule.

Transneft

Transneft's RAS net profit for 3 months of 2024 amounted to ₽42.708 billion, down 21.1% from ₽54.119 billion in the previous year. Revenue increased 13.2% to ₽323.59 billion against ₽285.74 billion a year earlier.

Yandex

Yandex has launched a search with Neuro artificial intelligence technologies, which combines the capabilities of search and large generative models. Service will be able to answer complex queries using several sources from the Internet. User can also ask Neuro clarifying questions in dialog mode.

Izhstal

Izhstal's IFRS net profit for 2023 amounted to ₽3.53 billion, up 17.4% from ₽3 billion in the previous year. Revenue decreased by 1.7% to ₽32.429 billion against ₽33 billion a year earlier.

Alrosa

Board of Directors of Alrosa recommended that dividends be paid for 2023 in the amount of ₽2.02 per ordinary share. The last day of the purchase of securities to receive dividends is May 30, 2024. Dividend yield may amount to 2.66%.

Far-Eastern Shipping Company

Container transshipment at Fesco's Vladivostok Commercial Sea Port for January-March 2024 amounted to 196.5 thousand TEU, up 23% year-on-year. Continued growth in transshipment is due, among other things, to the infrastructure modernization carried out in 2023. New specialized sites were equipped on the port's territory, which increased the container termina...

Neftekamsk Automobile Plant

Neftekamsk Automobile Plant's RAS loss for 3 months of 2024 amounted to ₽132.25 million, up 81.8% from ₽72.76 million in the previous year. Revenue rose 45.7% to ₽9.491 billion against ₽6.514 billion a year earlier.