Lenta says IFRS Q4 net profit drops by 77.8% to 207 mln rbl
MOSCOW, Mar 29 (PRIME) -- The net profit of Russian retailer Lenta decreased by 77.8% on the year to 207 million rubles in October–December, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Wednesday.
Total revenue grew by 0.6% to 148.157 billion rubles.
Earnings before interest, taxes, depreciation, and amortization (EBITDA) fell by 15.2% to 9.684 billion rubles.
In 2022, the net profit slid 64.5% to 4.85 billion rubles.
For further details, see the company’s statement on its official website:
(76.5939 rubles – U.S. $1)