4 Sep 2009 10:35

CenterTelecom boosts net profit 20.4% to 2.9 bln rubles in H1

MOSCOW. Sept 4 (Interfax) - CenterTelecom boosted net profit 20.4% in the first half of 2009 year-on-year to 2.927 billion rubles under International Financial Reporting Standards (IFRS), the company said in a statement.

Revenue rose 7.53% to 18.212 billion rubles in the six months while expenses were up just 1.35% to 12.721 billion rubles.

EBITDA was up 25.6% to 8.461 billion rubles and the EBITDA margin grew to 46.46% from 39.79% previously.

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