X5 Retail says IFRS net profit jumps 91% to 8 bln rbl in Jan–Mar

MOSCOW, Apr 27 (PRIME) -- The net profit of Russia’s X5 Retail Group jumped by 90.9% on the year to 7.638 billion rubles in January–March, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Tuesday.

Revenue went up 8.1% on the year to 507.191 billion rubles, and earnings before interest, taxes, depreciation, and amortization (EBITDA) grew 8.8% to 61.227 billion rubles.

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

https://www.x5.ru/en/Pages/Media/News/270421.aspx

(74.7680 – U.S. $1)

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