KrasAir Posts Higher Revenue
OREANDA-NEWS. November 15, 2007. Revenue of KrasAir (Krasnoyarsk Airlines) under Russian Accounting Standards (RAS) climbed 11.3 percent to RUR10.714bn (approx. USD437m) in the first nine months of 2007 compared to the same period a year earlier.
Net profit dropped 36.2 percent to RUR9.721m (approx. USD0.37m), while gross profit increased 21.9 percent to RUR1.869bn (approx. USD76m). Sales profit went up 40.2 percent to RUR953.157m (approx. USD38.92m) and pretax profit surged 44.2 percent to RUR90m (approx. USD3.67m).
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