3-Aug-2010 12:31 PM
UTair revenue up 19.2%, profits down in 1H2010
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