Aeroflot Group says IFRS Jan–Mar net loss widens to 22.5 bln rbl

MOSCOW, Jun 2 (PRIME) -- The net loss of Russian flagship carrier Aeroflot Group widened to 22.484 billion rubles in January–March, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Tuesday.

Revenue decreased by 10% to 123.89 billion rubles, while earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased by 39% to 13.054 billion rubles.

For further details, please, see the company’s statement on its official website:

https://ir.aeroflot.com/fileadmin/user_upload/files/eng/companys_reporting/financial_statements/2020/3m2020_eng.pdf

(69.7114 rubles – U.S. $1)

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