In the first half of 2009 consolidated revenues of Synergy under IFRS grew by 8% and amounted to 7.778 billion rubles (first half 2008: 7.199 billion rubles), while cost of sales increased 10% and amounted to 5.102 billion rubles (the first half of 2008: 4.618 billion rubles), the company reported. Net profit of JSC Synergy for the reporting period decreased by 9.6% to 512 million rubles.
General and administrative expenses decreased by 32% and amounted to 548 million rubles (first half 2008: 809 million rubles), which was the result of programs to reduce costs.
Selling expenses increased by 0,2% and amounted to 1.039 billion rubles (first half of 2008: 1.037 billion rubles).
Operating profit rose by 26% and amounted to 1.219 billion rubles (first half 2008: 965 million rubles), representing 16% of the revenues (first half 2008: 13%).
Consolidated EBITDA increased by 29% and amounted to 1.398 billion rubles (first half 2008: 1,084 million rubles).
Financial expenses increased by 114% to 634 million rubles (first half 2008: 296 million rubles) due to an increase in interest rates in the first half of 2009 due to a large extent the financial crisis.
increase the financial costs caused net profit to decline 9.6%, which amounted to 512 million rubles (first half 2008: 566 million rubles).
In 1 half of 2009, Synergy has reduced net profit under IFRS by 9,6% to 512 million rubles
In the first half of 2009 consolidated revenues of Synergy under IFRS grew by 8% and amounted to 7.778 billion rubles (first half 2008: 7.199 billion rubles), while cost of sales increased 10% and amounted to 5.102 billion rubles (the first half of 2008: 4.618 billion rubles), the company reported. Net profit of JSC Synergy for the reporting period decreased by 9.6% to 512 million rubles.
General and administrative expenses decreased by 32% and amounted to 548 million rubles (first half 2008: 809 million rubles), which was the result of programs to reduce costs.
Selling expenses increased by 0,2% and amounted to 1.039 billion rubles (first half of 2008: 1.037 billion rubles).
Operating profit rose by 26% and amounted to 1.219 billion rubles (first half 2008: 965 million rubles), representing 16% of the revenues (first half 2008: 13%).
Consolidated EBITDA increased by 29% and amounted to 1.398 billion rubles (first half 2008: 1,084 million rubles).
Financial expenses increased by 114% to 634 million rubles (first half 2008: 296 million rubles) due to an increase in interest rates in the first half of 2009 due to a large extent the financial crisis.
increase the financial costs caused net profit to decline 9.6%, which amounted to 512 million rubles (first half 2008: 566 million rubles).
In the first half of 2009 a positive net cash flow from operating activities amounted to 276 million rubles while the first half of 2008 this indicator was negative and amounted to minus 367 million rubles.
In the energy sector under pressure may be shares of TGC-6 and TGK-7, which goes out from under the nominal control IES
Quotes of the ruble against the dollar and against the currency basket of the MICEX today are 30,11 and 36.53 rubles
Better the market will now look not directly related to trade securities markets - telecommunications and energy stocks
Which began at the opening of sales are unlikely to be sustained - the negative news was partially played yesterday
In the coming days on the market can expect an increase in volatility, as early as next week, the position of indices will be higher
ONEXIM Group will receive 80% of the capital Basketball Club New Jersey Nets
In the 2 quarter of 2009, Pharmacy Chain 36.6 has reduced the net loss under IFRS at 65.3% to 155.5 million rubles
GAZ Group has agreed to restructure the debt with all creditors, except for Alfa Bank
G20 summit starts today