Rostelecom’s net profit up 31.2%

4 Apr 2008

Russian long-distance telecoms operator Rostelecom, a subsidiary of Svyazinvest, reported an increase in net profit of 31.2% to nearly RUB9.42 billion (USD398 million) in 2007 compared to 2006. Revenue rose 4.3% to RUB62.59 billion while EBITDA went up 8.3% to RUB11.96 billion and EBITDA margin amounted to 19.1%.

Russia, Rostelecom