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MLRYY VK Company Ltd (CE)

0.9011
0.00 (0.00%)
27 Jun 2024 - Closed
Delayed by 15 minutes
Name Symbol Market Type
VK Company Ltd (CE) USOTC:MLRYY OTCMarkets Depository Receipt
  Price Change % Change Price Bid Price Offer Price High Price Low Price Open Price Traded Last Trade
  0.00 0.00% 0.9011 0.00 01:00:00

Mail.Ru Group Profit Up 54%; Sees Ruble Revenue Up 40%

05/09/2012 7:54am

Dow Jones News


VK (CE) (USOTC:MLRYY)
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Russian Internet company Mail.Ru Group (MAIL.LN) Wednesday said its first-half net profit grew 54.3%, to $130.7 million, and it expects to see full-year 2012 ruble revenue growth of 40%.

MAIN FACTS:

-Mail.Ru Group, which owns a stake in Facebook Inc. (FB), confirmed that first-half earnings before interest, taxes, depreciation and amortization, or Ebitda, grew from a year earlier to $173.6 million.

-Group revenue for the first half of 2012 was confirmed at $316.4 million, up from $228.2 million a year earlier.

-By Olga Razumovskaya, Dow Jones Newswires; +7 495 232-9192, olga.razumovskaya@dowjones.com

Subscribe to WSJ: http://online.wsj.com?mod=djnwires


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