MOSCOW, January 17 (RIA Novosti) - MICEX Group said on Thursday its net profit calculated to International Financial Reporting Standards (IFRS) rose by an estimated 30% year-on-year in 2007 to 3.2 billion rubles ($130.6 million).
Founded in the early 1990s during post-Soviet market reforms, the Moscow Inter-Bank Currency Exchange Group is comprised of the MICEX Stock Exchange, the National Depositary Center, the MICEX Settlement House, the National Clearing Center, the National Mercantile Exchange, the E-Stock Company, and regional exchanges.
MICEX Group Alexander Potyomkin told a news conference that the MICEX equity grew 30% in the reporting period to 13 billion rubles ($530.6 million).
"Final figures will appear by late April, when an audit is concluded," Potyomkin said.
