IFRS net profit of Rostelecom for the second quarter of 2020 increased by 32% to RUB 7.731 billion from RUB 5.863 billion a year earlier, the company informed.
Revenue increased by 13% to RUB 127.279 billion from RUB 113.012 billion, OIBDA by 15% to RUB 48.8 billion from RUB 42.476 billion.
PJSC Rostelecom (tax number: 7707049388) is the national long-distance communication operator leading in the amount of long-distance domestic and international data traffic and operating the land-line network of television and broadcasting channels. In April 2011, Rostelecom absorbed interregional communication companies Centertelecom, Sibirtelecom, Dalsvyaz, Uralsvyazinform, VolgaTelecom, SZT, YTK and Dagsvyazinform. Total length of Rostelecom's backbone network all over Russia is about 500,000 km. The company's infrastructure reaches 43 million Russian households.
IFRS net profit of PJSC Rostelecom for 2019 increased by 10% to RUB 16.474 billion from RUB 15.012 billion a year earlier. Revenue increased by 5% to RUB 337.421 billion from RUB320.239 billion, OIBDA went up 6% to RUB 106.526 billion from RUB 100.9 billion.
