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News ServiceForexMarket AnalysisProducts and Services
20/03/2017
17:12
LSR Group 12-month IFRS profit down 14% to RUB 9.163 billion

IFRS profit of PJSC LSR Group for 2016 decreased by 14% to RUB 9.163 billion from RUB 10.646 billion the year before, the company informed.

Revenue increased by 13% to RUB 98.072 billion from RUB 86.83 billion, EBITDA by 4% to RUB 19.298 billion from RUB 18.632 billion, operating profit by 2% to RUB 14.031 billion from RUB 13.763 billion.

PJSC LSR Group (tax number: 7838360491) founded in 1993 produces building and construction materials, implements real estate development and construction projects. The group comprises manufacturers of ceramic bricks, foamed concrete, nonmetallic building materials, ready-mix concrete, concrete products and large panel residential construction companies. The principal shareholder of the company is Andrei Molchanov.

IFRS net profit of PJSC LSR Group for 2016 decreased by 72% to RUB 1.1 billion from RUB 3.944 billion the year before. Revenue increased by 10% to RUB 31.618 billion from RUB 28.741 billion. EBITDA was RUB 4.486 billion against RUB 5.767 billion in 2015 (-22%). Operating profit decreased by 50% to RUB 2.08 billion from RUB 4.201 billion.

According to AK&M Information Agency's DataCapital information retrieval system, RAS net profit of PJSC LSR Group for January-September 2016 fell 49.2 times to RUB 96.51 million from RUB 4.699 billion the year before. Revenue dropped 3 times to RUB 3.38 billion from RUB 10.531 billion, gross profit 2.1 times to RUB 1.534 billion from RUB 3.192 billion. Pre-tax profit decreased to RUB 34.402 million from RUB 4.59 billion.



"AK&M", 20.03.2017 11:40

 

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