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Russia’s Lenta swings to 2.1 bln rbl IFRS net loss in 2019

MOSCOW, Feb 25 (PRIME) -- Russian retailer Lenta posted a 2.104 billion ruble net loss in 2019 against an 11.794 billion ruble net profit in 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Tuesday.

Earnings before interest, taxes, depreciation, and amortization (EBITDA) fell by 6.2% on the year to 33.959 billion rubles in 2019.

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25.02.2020 10:14