Moscow Exchange 3-month IFRS net profit up 15.8%

AK&M 05 May 2021 16:15

IFRS net profit of PJSC Moscow Exchange for 1Q21 increased by 15.8% year-on-year to RUB 6.8 billion. Adjusted net income increased by 1.6%, MOEX informed.

F&C income increased by 17% to RUB 9.25 billion, operating income by 7.2%, the share of F&C income being 72%. EBITDA increased by 13.9% to reach RUB 9.39 billion.

Moscow Exchange Group includes Public Joint-Stock Company Moscow Exchange MICEX-RTS which manages the sole multifunctional exchange venue in Russia for equities, bonds, derivative instruments, currencies, money market instruments, and commodities. The Group includes a central depository (National Settlement Depository), and a clearing center (National Clearing Centre).

Moscow Exchange was established in 2011 as a result of the merger between MICEX Group (founded 1992) and RTS (founded 1995), Russia's two principal exchange groups.