IFRS net profit of OJSC Company M.video for 6 months 2013 grew by 7.2% year-on-year to RUB 1.296 billion from RUB 1.208 billion, the company reported.
Revenue grew by 13.5% to RUB 66.514 billion from RUB 58.593 billion, GP by 16% to RUB 16.732 billion from RUB 14.434 billion.
M.Video (tax number: 7707602010) is a Russian retail chain selling electronics and home appliances since 1993. The company's shares are traded on the largest Russian Stock Exchanges, RTS and MICEX (under the MVID ticker).
As of the end of 2012, the company operated 296 hypermarkets in 127 cities of the Russian Federation.
According to the information and retrieval system DataCapital, RAS net profit of M.Video for Q1 2013 increased by 6.26% to RUB 19.684 million from RUB 18.524 million in Q1 2012. Revenue grew by 29.7% to RUB 20.149 million from RUB 15.526 million, sales profit by 46% to RUB 12.185 million from RUB 8.346 million, pre-tax profit by 5.38% to RUB 29.066 million from RUB 27.580 million