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UTair profits increase in 1H2012

8-Aug-2012 3:10 PM

UTair revenue up 31% – financial highlights for six months ended 30-Jun-2012 (according to Russian Accounting Standards):

  • Revenue: RUB27,151 million (EUR686.2 million, +31% year-on-year;
  • Operating costs: RUB25,801 million (EUR652.1 million), +32%;
  • Profit on sales: RUB1350 million (EUR34.1 million), +19%;
  • Net profit: RUB225.6 million (EUR5.7 million), +179%;
  • Passenger numbers: 3.9 million, +41%. [more – original PR – Russian]

*Based on the average conversion rate at EUR1 = RUB39.5679 for the period