19 May 2004 04:33
Svyazinvest net profit drops 13% in 2003
MOSCOW. May 19 (Interfax) - Svyazinvest, the parent company of the Svyazinvest telecommunications holding company,
posted net profit to Russian accounting standards of 29.07 billion rubles in 2003, down 13% from 33.44 billion, the
company reported.
Core activity net profit amounted to 96.31 million, down from 301.07 million rubles in 2003, and profit from
financial investment cost adjustment totaled 28.98 billion, down from 33.14 billion.
The Russian Property Ministry owns 50% plus one share in Svyazinvest, the Russian Federal Property Fund 25% minus two
shares and Mustcom Limited - 25% plus one share. [RU ASIA EUROPE EEU EMRG RES TEL CORA] me
[Interfax] |
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