Rostelecom suspended stocks trading, the company informed.
On the eve of the planned suspension of stocks trading till Apr. 1 at MICEX and registration of depository operations at NRD due to the formation of RT-Mobile Rostelecom stopped stocks trading. It will be resumed after the RT-Mobile registration.
Rostelecom (TIN 7707049388) is a national com operator. It has 150ths km of lines in Russia. The current structure is in force from Apr. 2011 after the takeover of interregional com companies including TsentrTelecom, Sibirtelecom, Dalsvyaz, Uralsvyazinform, VolgaTelecom, SZT, YUTK and Dagsvyazinform. The length of the main com lines cover 500ths km. The major holder is the government having 53.25% through Svyazinvest, VEB and Insurance Deposit Agency. The securities are under trading on RTS/MICEX and OTCQX in USA.
The share capital is equal to 7.965mln rub. split in 2943258269 common and 242831469 preferred stocks of 0.0025 rub. par.
The 9-month net profit declined 26.3% (RAS) to 23.585bn rub. from 32.011bn rub. prior year period. The revenues dropped 2.4% to 205.214bn rub.
from 210.199bn rub.; profit from sales - 15% to 36.561bn rub. from 43.025bn rub.; pretax profit - 23% to 30.901bn rub. from 40.136bn rub.
The IH 2013 net profit (IAS) dropped 31% to come to 13.688bn rub. from 19.948bn rub. prior year; revenues climbed down 5% to 154.097bn rub. from 161.706bn rub.; OIBDA dropped 11% to gain 57.667bn rub. from 64.921bn rub.; OIBDA margin - to 37.4% from 40.1%; capital investments - 24% to 31.89bn rub. from 41.858bn rub.