16-May-2011 1:30 PM
Aeroflot reports EUR53m net profit in 1Q2011
Aeroflot reported (12-May-2011) the following financial highlights for the three months ended 31-Mar-2011 (according to Russian Accounting Standards):
- Revenue*: EUR645.8 million, +22.4% year-on-year;
- Costs: EUR626.0 million, +30.0%;
- Profit before tax: EUR67.4 million, n/a;
- Net profit: EUR52.6 million, +314%.
* Based on the conversion rate EUR1= RUB 39.6866