Stock market news

Rosseti Siberia reported for 2024 by IFRS
Rosseti Siberia's IFRS loss for 2024 amounted to ₽0.98 billion, down 66.8% from ₽2.95 billion in the previous year. Revenue increased 12% to ₽77.6 billion against ₽69.3 billion a year earlier.

Sovcombank plans to allocate 25% of profit for dividends for 2024
Sovcombank's management plans to recommend shareholders to allocate about 25% of net profit to dividends for 2024, the bank's managing director Andrei Osnos said on a conference call on Friday. Top ma…

Rusal's purchase price of 30% in China's HWNM increased by 20%
Amount of Rusal's purchase of 30% in China's Hebei Wenfeng New Materials Co. rose to $316 mln, the Russian company said in a statement. Valuation as of the report's publication date is not final and m…

Sovcombank reported for 2024 by IFRS
Sovcombank's IFRS net profit for 2024 amounted to ₽77.23 billion, down 18.7% from ₽95.04 billion in the previous year. Net interest income rose 13.8% to ₽158.06 billion against ₽138.9 billion a year e…

MTS separates cloud integrator into a separate business area
MTS is spinning off MTS Web Services cloud business into a separate business line - a cloud integrator, which will deal with complex projects on cloud implementation and digital transformation in larg…

Rusal reported for 2024 by IFRS
Rusal's IFRS net profit for 2024 amounted to $803 million, up 2.8 times from $282 million in the previous year. Revenue decreased by 1% to $12.08 bln vs. $12.2 bln a year earlier.

RusHydro reports for 2024 by IFRS
RusHydro's IFRS loss for 2024 amounted to ₽61.16 billion against a profit of ₽32.1 billion in the previous year. Revenue increased by 13.6% to ₽579.8 billion against ₽510.3 billion a year earlier.

Almost 13.5% of SMZ minority shareholders agreed to compensation from Rosatom
Representative of the Prosecutor General's Office said that 310 minority shareholders joined the agreement to recognize the lawsuit and drop the appeal in exchange for Rosatom paying compensation of ₽…

Yandex will issue 6 million shares for the incentive program
Board of Directors of Yandex decided to increase the authorized capital by placing 6 million ordinary shares by private subscription in favor of ESOP SPV LLC, which acts as the operator of the employe…

Board of Directors of Yandex recommended that dividends be paid for 2024
Board of Directors of Yandex recommended that dividends be paid for 2024 in the amount of ₽80 per ordinary share. The last day of the purchase of securities to receive dividends is April 25, 2025. Div…
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