MegaFon's net profit under IFRS for 2023 increased by 43.2%

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AK&M 29 February 2024 13:01

MegaFon's net profit under IFRS for 2023 increased by 43.2% to 39.98 billion rubles from 27.9 billion rubles a year earlier. Revenue increased by 11.4% to 444.04 billion rubles from 398.6 billion rubles, OIBDA increased by 13% to 181.24 billion rubles from 160.37 billion rubles. This is stated in the company's message.

PJSC MegaFon (INN 7812014560) was founded in 1993 as CJSC Northwestern GSM, and renamed OJSC MegaFon in 2002. The company is the second largest mobile operator in the Russian Federation. MegaFon's subsidiaries operate in Tajikistan, Abkhazia and South Ossetia.

MegaFon's net profit for the first half of 2023 increased 2.3 times to RUB 26.9 billion from RUB 11.5 billion a year earlier. Revenue increased by 13% to RUB 209.89 billion from RUB 185.69 billion, OIBDA increased by 24.4% to RUB 94.15 billion from RUB 75.67 billion.