O’Key Group swings to 152 mln rbl IFRS net profit in Jan–Jun

MOSCOW, Aug 31 (PRIME) -- Russian retailer O’Key Group posted a 152 million ruble net profit in January–June against a 900 million ruble net loss in the same period of 2020, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Tuesday.

Revenue grew by 4.2% to 88.662 billion rubles, and the gross profit went up by 2.6% to 19.486 billion rubles. Earnings before interest, taxes, depreciation, and amortization (EBITDA) decreased by 1.8% to 6.575 billion rubles, with the EBITDA margin decreased to 7.4% from 7.9%.

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

https://www.okmarket.ru/en/about/press/news/gk-o-key-obyavlyaet-neaudirovannye-finansovye-rezultaty-za-1-polugodie-2021-pribylnost-po-ebitda-dis/

(73.5744 – U.S. $1)

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