Mail.Ru H1 Net Profit Rises 54.3%
Russia's Mail.Ru Group (OTC: MLRYY) reported a 54.3% rise in its first-half net profit.
Its net profit for the period surged to $130.7 million. Its earnings before interest, taxes, depreciation and amortization (EBITDA) rose to $173.6 million.
Mail.Ru's revenue came in at $316.4 million, versus $228.2 million, in the year-ago period.
Mail.Ru shares gained 6.23% to close at $34.10 yesterday.
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