RTS posts 1H 2011 net profit of 558.5 million roubles

The RTS, the smaller of the two major Russian stock exchanges, has posted a 1H 2011 net profit of 558.5 million roubles under IFRS.

The 1H net result was up 87% year on year from the 298.5 million rouble net profit posted a year earlier, with 1H 2011 EBITDA rising 93% year on year to 811.2 million roubles, as 1H revenues climbed 33% to 953.7 million roubles.The RTS said the results reflected stronger trading volumes, particularly in futures,  with depository activity rising 32% year on year to 150.2 million roubles, as FORTS transactions climbed 63% to 567 million roubles.