Net income of Sistema in 2006 rose to $ 903.3 million
Net income of Sistema in 2006 US GAAP grew by 69% to $ 903.3 million. This is reported in the company's documents. Consolidated revenue of the company increased relative to 2005. by 43.1% - up to 10.9 billion dollars.
OIBDA grew by 36% to $ 4 billion. The company's profit from its core business increased by 41.3% compared to the previous year, to $ 2.7 billion.
Alexander Goncharuk, President of Sistema JSFC, noted the success of the results for 2006. At the same time, he said, the operating results of the business of the group of companies were supplemented in the past year by a number of significant transactions, including a strategic transaction for the purchase of 25% plus one share of Svyazinvest OJSC.
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Sistema JSFC was founded in 1993. The company owns and operates various enterprises in the field of telecommunications (Mobile TeleSystems OJSC, Moscow City Telephone Network OJSC, Comstar OJSC - United TeleSystems, Golden Line, etc.), electronics (NIIME, Micron plant and a number of enterprises of microelectronics), insurance (ROSNO), finance (MBRD), real estate and construction (Sistema-Hals), tourism (Intourist) and trade (Detsky Mir).
In February 2005 Sistema conducted an initial public offering (19% of the authorized capital) on the London Stock Exchange. Through the IPO, the company earned $ 1.56 billion.
The net profit of Sistema JSFC according to Russian Accounting Standards (RAS) in the first quarter of 2007. decreased by 56.87% compared with the IV quarter of 2006. - up to 43.06 billion rubles.
Source: top.rbc.ru/index.shtml?/news/policy/2007/05/16/16111325_bod.shtml
OIBDA grew by 36% to $ 4 billion. The company's profit from its core business increased by 41.3% compared to the previous year, to $ 2.7 billion.
Alexander Goncharuk, President of Sistema JSFC, noted the success of the results for 2006. At the same time, he said, the operating results of the business of the group of companies were supplemented in the past year by a number of significant transactions, including a strategic transaction for the purchase of 25% plus one share of Svyazinvest OJSC.
')
Sistema JSFC was founded in 1993. The company owns and operates various enterprises in the field of telecommunications (Mobile TeleSystems OJSC, Moscow City Telephone Network OJSC, Comstar OJSC - United TeleSystems, Golden Line, etc.), electronics (NIIME, Micron plant and a number of enterprises of microelectronics), insurance (ROSNO), finance (MBRD), real estate and construction (Sistema-Hals), tourism (Intourist) and trade (Detsky Mir).
In February 2005 Sistema conducted an initial public offering (19% of the authorized capital) on the London Stock Exchange. Through the IPO, the company earned $ 1.56 billion.
The net profit of Sistema JSFC according to Russian Accounting Standards (RAS) in the first quarter of 2007. decreased by 56.87% compared with the IV quarter of 2006. - up to 43.06 billion rubles.
Source: top.rbc.ru/index.shtml?/news/policy/2007/05/16/16111325_bod.shtml
Source: https://habr.com/ru/post/8459/
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