Thursday, May 31, 2007

Russia's MTS Q1 net $448.6 mln, above market expectations

(Reuters) - The figure was a 143.3 percent rise versus the same quarter of 2006, and also a four-fold increase in comparison with a revised fourth-quarter net profit of $110.3 million.



MTS said earlier on Thursday it had restated its 2006 results to reflect a $170 million provision for the potential costs of a deal in ex-Soviet Kyrgyzstan [nL31272615].


Read more at Reuters.com Market News

No comments: