28 May 2010 11:45

Dixy posts net profit of 129.3 mln rubles in Q1

MOSCOW. May 28 (Interfax) - Dixy Group posted a net profit of 129.3 million rubles in the first quarter of 2010 under International Financial Reporting Standards (IFRS) compared with a net loss of 789.7 million rubles in the same period last year, the company reported.

The retailer's EBITDA rose 66% to 785 million rubles and gross profit was up 14.6% to 3.9 billion rubles.

Revenue totaled 14.99 billion rubles in the three months, 12.9% more year-on-year.