Market Overview

Globaltrans H1 Net Profit Drops 7%

Share:

Russian company Globaltrans Investment reported a 7% drop in its first-half net profit.

Globaltrans posted a quarterly net profit of $148 million. Its revenue climbed 25% to $1.2 billion.

Its total cost of sales, marketing and administrative expenses jumped 40% in the period.

Posted-In: profitEarnings News

 

Related Articles

Around the Web, We're Loving...

Get Benzinga's Newsletters

Our Experts vs. S&P 500Powered by Benzinga
Marketfy Products Return S&P 500
Morning Profit Maker 42.72% 6.69%
The Option Prophet 91.14% 6.69%
SecretCaps 26.55% 6.69%
Short-Term Trend Trading 11.89% 6.69%
View the highest rated products→