Fix Price IFRS net profit rises by 80% to 5 bln rbl in Jul–Sep

MOSCOW, Oct 27 (PRIME) -- The net profit of Russian discounter retailer Fix Price increased by 80% on the year to 5.119 billion rubles in July–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Wednesday.

Revenue rose by 17.8% to 57.85 billion rubles. Earnings before interest, taxes, depreciation, and amortization (EBITDA) grew by 17.1% to 10.964 billion rubles.

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

https://ir.fix-price.com/upload/iblock/850/Fix%20Price%20announces%20key%20operating%20and%20financial%20results%20for%209M%202021_ENG.pdf

(69.5526 – U.S. $1)

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