Sollers says IFRS net loss widens to 1.06 bln rbl in January–June

MOSCOW, Nov 27 (PRIME) -- The net loss of Russian car producer Sollers amounted to 1.058 billion rubles in January–June after 136 million rubles in the same period of 2019, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on Friday.

Revenue increased by 50% to 23.14 billion rubles. The gross profit grew 2.1% to 3.664 billion rubles.

(75.4518 rubles – U.S. $1)

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