Loading
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

Want More News Like This?

CAPA Membership gives you access to all news and analysis on the site, along with access to many areas of our comprehensive databases and toolsets.
Find Out More