The IQ 2014 AFK Sistema net profit (US GAAP) added 3.5% to come to $363.3mln from $351.1mln prior year, the company informed.
The revenues declined 1.6% to $8.215bn from $8.345bn; corrected OIBDA - 3.7% to $1.893bn from $1.966bn; operating profit climbed up 0.1% to $1.156bn from $1.155bn.
AFK Sistema (TIN 7703104630) is a public diversified corporation having 100mln users. It provides control over the diversified investment portfolio at the entities in different sectors of economy and keeps large assets in telecoms (MTS, Komstar-OTS, Svyazinvest), electronics (NIIME and Micron Plant, Sitronics TS (former STROM-Telecom), Sitronics and Sistema Gals; finances (MBRR, Dalkombank, East-West United Bank (EWUB).
The share capital is equal to 868.5mln rub. split in 9.65bn stocks of 0.09 rub. par. V.Evtushenko (chairman) holds 64.18%; Deutsche Bank Trust Company Americas - 19%.
The 9-month 2013 net profit (US GAAP) increased 2.9 fold to $2.21bn from $766.015mln prior year period.
The 9-month 2013 net profit (RAS) moved up 2.67% to 101.748bn rub. from 99.101bn rub.; revenues being down 39.48% to 15.96bn rub. from 26.37bn rub.; gross profit - 39.39% to 15.937bn rub. from 26.296bn rub.; profit from sales - 51.97% to 11.498bn rub. from 23.939bn rub.; pretax profit rose 11.26% to 109.888bn rub. from 98.769bn rub.
"AK&M", 15:51, 03.06.2014 1251 AKM,COR