RTI Systems IFRS net loss widens 2.7% to 796 mln rbl Jul–Sep

MOSCOW, Nov 27 (PRIME) -- The net loss of Russian defense company RTI Systems, part of multi-industry holding Sistema, widened 2.7% to 796 million rubles in July–September, as calculated under International Financial Reporting Standards (IFRS), Sistema said in a statement on Tuesday.

Revenue fell 18.3% to 7.58 billion rubles.

Adjusted operating income before depreciation and amortization (OIBDA) fell 28.8% to 1.016 billion rubles.

(66.5072 rubles – U.S. $1)

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