31 Jan 2018 13:29

Domodedovo increases IFRS revenue 8% to 31 bln rubles in 9M

MOSCOW. Jan 31 (Interfax) - DME Ltd., the holding company of Domodedovo Group, increased revenue to International Financial Reporting Standards (IFRS) 8% year-on-year to 31 billion rubles in January-September 2017, the company said in materials.

Operational expenses were up 14% to 22.5 billion rubles

Operational profit fell 5.5% to 8.6 billion rubles.

Profit before tax was practically unchanged over the period at 8.8 billion rubles against 8.6 billion rubles a year previously. Profit and other comprehensive income was up 10% year-on-year to 6.987 billion rubles in 9M 2017.

Domodedovo is the second largest airport in Russia by passenger traffic. In 2017, it served 30.7 million passengers, up 7.6% over 2016. After construction of the T-1, T-2, and T-3 segments of the airport, the throughput capacity of Domodedovo should grow 2.5-fold to 75 million passengers. Businessman Dmitry Kamenshchik is listed as the airport's sole shareholder.