Russia’s Sistema swings to 6.54 bln rbl IFRS net profit in Apr–Jun

MOSCOW, Aug 29 (PRIME) -- Russian multi-industry holding Sistema posted a 6.54 billion ruble net profit in April–June against a 1.676 billion ruble net loss in the same period of 2018, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

Consolidated revenue went up 9.6% to 194.1 billion rubles, while adjusted operating income before depreciation and amortization (OIBDA) gained 1.3% to 65.578 billion rubles.

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

http://www.sistema.com/press/press-releases/detail/article/24351/

(66.4127 rubles – U.S. $1)

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