Aeroflot posts 1H 2008 Net Profit of $72 million
Published: 14 October, 2008, 08:59
Russia’s air flagship, Aeroflot, has seen Net Profit for the first half of 2008 fall 55% year on year to $72 million under IFRS.
The company attributed the fall to sharply increasing fuel costs. EBITDA for the half was down 34% year on year to $216 million on the back of sales revenues of $2.1 Billion, up 28%. Passenger numbers for the Aeroflot group, were up 20% to 5.4 million.
14.10.2008, 08:17
Global stock rebound flows through to RussiaRussia’s RTS and Micex stock exchanges have surged in Tuesday trade, tracking gains made in nearly all major world markets in the wake of concerted global attempts to address the crisis of funding and confidence in the worlds financial system. |
14.10.2008, 09:56
TNK-BP posts 1H 2008 Net Income of $4.72 BillionRussian British oil major TNK-BP has posted a Net Income for 1H 2008 of $4.72 Billion under U.S. GAAP. |
