10 Oct 2011 17:59

CORRECTION: Pharmacy Chain 36.6 increases IFRS net losses by 35% to 304.4 mln rubles in H1

(figures in headline and first paragraph corrected)

MOSCOW. Oct 10 (Interfax) - OJSC Pharmacy Chain 36.6's IFRS net losses increased by 35% year-on-year to 304.4 million rubles in the first half of 2011, the company said in a statement.

The increase in net losses was the result of the company's one-time payment of compensation to an investor consortium for the preterm payment of a dollar-based loan in the framework of loan portfolio restructuring.

Pharmacy Chain 36.6 had net profit of 184.1 million rubles for the period excluding results of the preterm payment.