Date: 3 months ago   Category: IT & Media

The net profit of MTS in the II quarter has decreased by 3% — to 14,3 billion rubles — Rambler News Service


The net profit of group of MTS on MFSO in the II quarter 2018 has decreased by 3% in comparison with the same period of last year — from 14,7 to 14,3 billion rubles, the company has reported. The revenue of MTS in Russia taking into account the MFSO new standards has grown by 7,4% — to 106,4 billion rubles. The proceeds from sales of phones and accessories have grown by 33,7% and have made 12,3 billion rubles. Without changes in the IFRS standards the net profit of MTS in Russia has increased by 5% — to 15,5 billion rubles. The indicator of OIBDA has grown by 21,4% in comparison with the same period of last year — to 51,1 billion rubles. One of the reasons of growth of OIBDA of MTS calls growth of proceeds from communication services which have grown by 4,4% — to 78,4 billion rubles. The subscriber base of the operator across Russia has made 78, 1 million subscribers. The indicator has grown by 0,1%. The company has noted that confirm the level of investments for performance of "Yarovaya's law" in a size about 60 billion rubles within five years. The company will specify the necessary volume of the required means in 2018-2019 after completion of process of purchases of the necessary equipment and technical solutions.

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