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Tattelecom announces about increased RAS net profit for 6 months of 2021, up 67.45% YoY. Total revenue’s increase is 1.22%

July 23, 2021 Cbonds
Tattelecom publishes the financial statements for 6 months of 2021 prepared according to the Russian accounting standards (RAS).

Tattelecom revenue for 6 months of 2021 is equal to RUB 3.97 billion, while for 6 months of 2020 it amounted to RUB 3.92 billion.

Net profit in the reference period amounted to RUB 825.2 million compared to RUB 492.82 million for 6 months of 2020.

According to the accounting statements of Tattelecom, total assets’ increase is 1.02% YoY. Non-current assets of Tattelecom are equal to RUB 10.56 billion. Current assets increased by 20.62% to RUB 3.36 billion. Capital and reserves increased by 10.71% to RUB 11.71 billion.

Long-term liabilities’ decrease is 84.47% YoY. Current liabilities’ decrease is 25.51% YoY.
Company — Tattelecom
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