The net profit of "MegaFon" in the first quarter fell to a third

The net profit of "MegaFon" in the first quarter fell to a third

The net profit of JSC "Megafon" according to the Russian standard of accounting reports in the first quarter 2014 decreased to 9,75 billion rubles in comparison with 13,7 billion rubles in the previous year

The net profit of JSC "Megafon" according to the Russian standard of accounting reports (RSBU) in the first quarter 2014 decreased to 9,75 billion rubles in comparison with 13,7 billion rubles in the previous year.

About it it is told in materials of the company.

According to the report, decrease in net profit was influenced mainly by exchange differences of currencies. If the income from exchange differences grew in comparison with last year by 4,6 billion rubles, the loss from them increased much more – about 1,3 billion rubles to 10,75 billion rubles. The revenue of the company from RSBU in the reporting period grew by 9 percent to 68,3 billion rubles in comparison with the similar period of last year. The profit on sales did not change and made 21,5 billion rubles. The gross profit of the operator increased about 31,5 billion rubles to 32,9 billion rubles.

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 No. of 16.05.14