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:

https://corp.lenta.com/en/media/news-and-press-releases/lenta-reports-total-sales-growth-of-111-and-61-ebitda-margin-in-fy-2022

(76.5939 rubles – U.S. $1)

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