10 Mar 2010 12:18

MegaFon boosts Q4 US GAAP earnings 9.2% to 13.8 bln rubles

MOSCOW. March 10 (Interfax) - MegaFon boosted net profit to US GAAP 9.2% year-on-year in Q4 2009 to 13.78 billion rubles, Russia's No. 3 cellular provider said in a statement.

Sales revenue edged up 0.04% to 48.36 billion rubles and OIBDA was up 6.1% to 23.06 billion rubles. The OIBDA margin fell to 47.7% in Q4 2009, from 50.8% in Q4 2010.

Net profit for the year grew 2.2% to 45.28 billion rubles, revenue - 3.7% to 181.88 billion rubles and OIBDA - 0.1% to 88.19 billion rubles. The OIBDA margin decreased to 48.5% in 2009, from 50.3% in 2008.