Beluga Group says Jan–Jun IFRS net profit doubles to 1.2 bln rbl

MOSCOW, Aug 18 (PRIME) -- The net profit of Beluga Group, one of Russia’s leading producers of alcohol, more than doubled on the year to 1.15 billion rubles in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said on Wednesday.

Revenue grew by 20% to 30.752 billion rubles.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 7.6% to 3.701 billion rubles.

(73.4753 – U.S. $1)

End