X5 Group IFRS net profit quadruples to 9.7 bln rbl in Jan–Mar

MOSCOW, Apr 27 (PRIME) -- The net profit of Russia’s X5 Retail Group jumped to 9.696 billion rubles in January–March from 2.5 billion rubles in the same period in 2022, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

Revenue went up by 15.2% on the year to 696.364 billion rubles, and earnings before interest, taxes, depreciation, and amortization (EBITDA) rose by 0.9% to 70.191 billion rubles.

For further details, please, see official statement on the company's website:

https://www.x5.ru/wp-content/uploads/2023/04/x5_q1_2023_financial_results_eng.pdf

(81.6274 rubles – U.S. $1)

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