The Far Eastern telecoms provider said sales earnings had grown 5.1% in the reporting period to 5.11 billion rubles (about $189 million), and revenues from communications services had increased 1% to 4.84 billion rubles (about $179 million).
Dalsvyaz, majority-owned by state-owned telecoms holding Svyazinvest (50.6% of the voting stock and 38.1% of the charter capital), said sales profits had risen 78.1% to 1.38 billion rubles (about $51.2 million), pre-tax profit had grown 60% to 985.3 million rubles (about $36.5 million).
Operating income before depreciation and amortization (OIBDA) rose 55.8% year-on-year to 1.95 billion rubles (about $72 million) and earnings before interest, taxes, depreciation and amortization (EBITDA) were up 40.1% to 1.69 billion rubles (about $62.5 million).
Dalsvyaz, with more than 25% of its charter capital owned by foreign investors, said expenditures had declined 8.8% in the first six months of the year to 3.73 billion rubles (about $138 million).
