Fix Price's net profit for the second quarter decreased by 57.9%

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AK&M 09 September 2024 09:13

The net profit of Fix Price for the second quarter of 2024 decreased by 57.9% to 5.8 billion rubles from 13.79 billion rubles a year earlier. Revenue increased by 9.9% to 76.7 billion rubles from 69.78 billion rubles, gross profit – by 12.4% to 26.05 billion rubles from 23.18 billion rubles, EBITDA – by 3% to 12.77 billion rubles from 12.4 billion rubles. This is stated in the company's message.

Fix Price is a chain of stores with low fixed prices.

The net profit of Fix Price for the first half of 2024 decreased by 53.7% to 9.1 billion rubles from 19.65 billion rubles a year earlier. Revenue increased by 9.4% to RUB 148.4 billion. Retail revenue increased by 10.5% to 132.7 billion rubles, wholesale – by 0.9% to 15.7 billion rubles. Gross profit increased by 9.6% to 49.5 billion rubles. EBITDA decreased by 4.3% to RUB 22.5 billion from RUB 23.56 billion.