icon bookmark-bicon bookmarkicon cameraicon checkicon chevron downicon chevron lefticon chevron righticon chevron upicon closeicon v-compressicon downloadicon editicon v-expandicon fbicon fileicon filtericon flag ruicon full chevron downicon full chevron lefticon full chevron righticon full chevron upicon gpicon insicon mailicon moveicon-musicicon mutedicon nomutedicon okicon v-pauseicon v-playicon searchicon shareicon sign inicon sign upicon stepbackicon stepforicon swipe downicon tagicon tagsicon tgicon trashicon twicon vkicon yticon wticon fm

Uralsvyazinform posts 1H 2010 Net profit of 3.76 billion Roubles

Uralsvyazinform posts 1H 2010 Net profit of 3.76 billion Roubles
Urals region fixed line telecom provider, Uralsvyazinform, has posted a 1H 2010 Net Profit of 3.76 billion Roubles under IFRS.

The net result soared by 127.1% year-on-year from the 1H 2009 net profit of 1.6 billion Roubles, with EBITDA rising 23 % to 9.7 billion Roubles, on the back of sales revenues increase 6% year on year to 21.3 billion Roubles.

The company attributed the increase of its Net Profit result to a 24.4% year on year growth in cellular services revenues, coupled with a 12.3% increase in revenues from telegraph services, on the back of increased subscriber numbers and rising internet services revenues