Rostelecom Reports First Quarter 2007 Net Profit Growth of 41.1%
OREANDA-NEWS. Rostelecom (NYSE: ROS; RTS, MICEX: RTKM, RTKMP), Russia’s national long-distance telecommunications operator, today announced unaudited first quarter 2007 results in accordance with Russian accounting legislation (RAS).
In total, Rostelecom’s first quarter 2007 revenues amounted to RUR 15,206.2 million - a year-on-year increase of 4.3%.
Domestic long-distance (DLD) traffic for the first three months 2007 grew by 3.1% to 2,491.8 million minutes. Outgoing international long-distance (ILD) traffic rose 2.5% to 462.8 million minutes. First quarter 2007 incoming ILD traffic totaled 662.9 million minutes - a year-on-year increase of 26.7%.
Thus, EBITDA for the first quarter 2007 grew 27.4% year on year to RUR 3,910.6 million, representing an EBITDA margin of 25.7%.
Rostelecom’s net profit for the first quarter 2007 grew 41.1% and totaled RUR 2,899.3 million compared to RUR 2,055.4 million a year ago.
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