19 May 2004 07:44
SVYAZINVEST NET PROFIT DROPS 13% IN 2003
Core activity net profit amounted to 96.31 million, down from
301.07 million rubles in 2003, and profit from investment cost
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.
2003 2002
Sales revenue 632 621 490 165
Sales profit 86 282 45 006
Pretax profit (taking into account 29 077 327 33 445 727
adjustment totaled 28.98 billion, down from 33.14 billion. Key performance results in 2003 (thsd. rubles):
investment cost adjustment) Net profit (taking into account 29 076 026 33 440 362 adjustments)
Company receivables totaled 174.44 million rubles in 2003, against 38.85 million in 2002, and payables rose to 68.45
million from 49.72 million rubles.
[Interfax] |
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