Transmashholding IFRS Jan–June net profit falls 67% to 4 bln rbl

MOSCOW, Aug 27 (PRIME) -- The net profit of Russian railway equipment producer Transmashholding contracted by 66.6% on the year to 3.633 billion rubles in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on Friday.

Revenue went up 13.4% to 138.141 billion rubles, the gross profit went down by 3.7% to 20.618 billion rubles and the operating profit shrank by 52.7% to 6.062 billion rubles.

Long-term liabilities rose by 13% over the reported period to 70.1 billion rubles, current liabilities rose by 20.4% to 143.559 billion rubles.

(73.9908 – U.S. $1)

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