CEO: Rostelecom not to show fincl results unless sanctions lifted

MOSCOW, Dec 27 (PRIME) -- Russian state-controlled telecom operator Rostelecom will not disclose its financial reports as long as the country is under Western sanctions, President Mikhail Oseyevsky told PRIME on Tuesday.

“The policy of sanctions from the West continues, we see no changes here…This is why I think the government makes the right decisions that we should not tell them how we live,” Oseyevsky said.

Rostelecom released its International Financial Reporting Standards results the last time on March 4, when it said that the company’s revenue rose by 6% in 2022 to 580.1 billion rubles.

(68.4487 rubles – U.S. $1)

End