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UTair revenue up 19.2%, profits down in 1H2010

3-Aug-2010 12:31 PM

UTair revenue up 19.2% - financial highlights for the six months ended 30-Jun-2010 (Interfax, 02-Aug-2010) (according to Russian Accounting Standard):

  • Revenue*: EUR445.2 million, +19.2% year-on-year;
  • Cost of sales: EUR434.8 million, +27.1%;
  • Operating profit: EUR10.5 million, -66.5%;
  • Net profit: EUR2.9 million, -48.9%;
  • Passenger numbers: 2.1 million, +46.9%.

*Based on the conversion rate at EUR1 = RUB39.5065