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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Mobile TeleSystems Public Joint Stock Company | NYSE:MBT | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 5.50 | 0 | 01:00:00 |
From May 2019 to May 2024
By Andrey Ostroukh
MOSCOW--Russia's largest telecoms company PAO Mobile TeleSystems (MTSS.MZ) saw its net profit nearly halved in the second quarter on currency exchange rate fluctuations and higher expenses, MTS said Thursday.
Net profit dropped 47% to 9.06 billion rubles ($141.7 million) due to a buyback of eurobonds denominated in U.S. dollars and volatility on the foreign exchange market.
Revenue increased 5.3% on the year to RUB108.14 billion in the quarter, while operating income before depreciation and amortization slid 4.3% to RUB40.89 billion.
Write to Andrey Ostroukh at andrey.ostroukh@wsj.com
(END) Dow Jones Newswires
August 18, 2016 08:51 ET (12:51 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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