Net profit of JSC Rostelecom for 2008 under IFRS rose to 12.182 billion rubles in 2007, the company's net profit stood at 2.806 billion rubles.
At the net profit generated mainly due to financial items, influenced sales of Rostelecom 10.97% stake in Golden Telecom to VimpelCom $ 463.8 million, - says the record company.
the company's revenues for 2008 increased by 3,1% and amounted to 66.629 billion rubles.
Revenues from core business Rostelecom - services and international communications - declined by 3.7% to 48.143 billion rubles. Revenues from international calls fell by 7.4% to 29.611 billion rubles.
Revenue from outgoing international calls fell by 1.9% to 12.082 billion rubles. Proceeds from the incoming inter-communication has increased by 13% to 6.45 billion rubles. Expenses decreased by 2.9% to 59.809 billion rubles.
Operating profit Rostelecom for 2008 increased by 2.3 times compared with the previous year and amounted to 6 820.0 million. Return on operating
profit - 10.2%. A major factor in the positive dynamics of the operating profit growth was the Company's earnings, along with an adequate reduction in operating costs.
OIBDA increased rate compared to 2007 at 28.5% to 14 274.0 million rubles, while the profitability of OIBDA was 21.4%.
Other revenues for 2008 increased compared to the previous year to 11.4-fold - from 815.0 million to 9 324,0 million rubles. This increase is attributable to the receipt of Rostelecom significant extra profit from the sale of financial investments, as well as double the growth of net interest income, which offset the loss from exchange rate differences.
Net profit of Gazprom oil for the 1 st quarter of 2009 on the US GAAP decreased by 76% to $ 335 million
In May, The first cargo company to a third of the volume of traffic has increased the export of timber in the framework of the Siberian Express
Net loss OGK-6 for 2008 under IFRS amounted to 829.4 millionrubles
The volume of passenger traffic UTair in May 2009 increased by 6,6%
Bank of Russia has reduced the size of the authorized capital of bank Russian Capital to one ruble
Bank of Russia withdrew a license to conduct banking transactions from the bank Compatriots
The glass half empty or still is?
Trends in Forex during the day once again will be determined by the situation in the capital stages
Review of the FOREX market for 17.06.09