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Mobile TeleSystems (MTS) announces about increased RAS net profit for 6 months of 2021, up 26.58% YoY. Total revenue’s increase is 3.75%

August 16, 2021 Cbonds
Mobile TeleSystems (MTS) publishes the financial statements for 6 months of 2021 prepared according to the Russian accounting standards (RAS).

Mobile TeleSystems (MTS) revenue for 6 months of 2021 is equal to RUB 180.25 billion, while for 6 months of 2020 it amounted to RUB 173.74 billion.

Net profit in the reference period amounted to RUB 33.38 billion compared to RUB 26.37 billion for 6 months of 2020.

According to the accounting statements of Mobile TeleSystems (MTS), total assets’ increase is 3.81% YoY. Non-current assets of Mobile TeleSystems (MTS) are equal to RUB 800.98 billion. Current assets decreased by 20.49% to RUB 89.55 billion. Capital and reserves decreased by 7.01% to RUB 93.12 billion.

Long-term liabilities’ decrease is 3.99% YoY. Current liabilities’ increase is 38% YoY.
  • Full name
    Mobile TeleSystems (MTS) open joint stock company
  • Registration country
  • Industry
    Communication Services