21 Oct 2011 18:00

Seventh Continent posts H1 IFRS net profit of 1.8 bln rubles

MOSCOW. Oct 21 (Interfax) - Sedmoi Continent closed H1 2011 with net profit of 1.l8 billion rubles to International Financial Reporting Standards (IFRS), the Russian retailer said in a statement.

The net profit margin was 7.4%.

Seventh Continent had net losses of 22.6 million rubles in H1 2010.