27 Feb 2015 19:33

LSR Group earnings down 38% in 2014

ST. PETERSBURG. Feb 27 (Interfax) - LSR Group posted a net profit of 4.705 billion rubles in 2014, 38% less than in 2013, the company said in its Russian accounting standards (RAS) earnings report.

Revenue edged down 1.5% to 11.170 billion rubles.

The company did not provide commentary on the reasons for the worse performance in 2014.

Key financial indicators for LSR Group ('000 rubles):

	2014	2013
Revenue	11 169 841	11 341 290
Cost of sales	286 472	2 598 662
Gross profit	10 883 369	8 742 628
Pretax profit	4 829 403	7 575 878
Net profit	4 704 577	7 611 090