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RTS posts 1H 2011 net profit of 558.5 million roubles

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.