23 Jun 2009 11:34
Southern Telecom posts 671 mln rubles IFRS loss in 2008
MOSCOW. June 23 (Interfax) - Southern Telecommunications had net losses of 671 million rubles to International Financial Reporting Standards (IFRS) in 2008, compared with profit of 1.56 billion rubles in 2007, the fixed line provider said in an earnings report.
Sales revenue grew 5.3% to 21.3 billion rubles.