Lenta’s IFRS net profit rises 3.8% to 4.5 bln rbl in Jan–Jun

MOSCOW, Aug 30 (PRIME) -- The net profit of Russian retailer Lenta increased by 3.8% on the year to 4.492 billion rubles in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Wednesday.

Revenue grew 16.7% on the year to 163.531 billion rubles in the period.

Earnings before interest, taxes, depreciation and amortization (EBITDA) gained 14.2% to 15.623 billion rubles.

(58.5320 rubles – U.S. $1)

End %%md/jst%%