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Business / Finance

STLC net profit under IFRS in the first six months amounted to 442 million rubles press releases 30.08.2018 at 20:05

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Net profit of PJSC "STLC" in the first half of the year according to IFRS amounted to 442 million rubles. The company's assets increased by 82 billion relative to the end of 2017 and amount to 423 billion rubles.

the Total income of the company for the period amounted to 647 million rubles. Income from operating activities for the six months of 2018 has exceeded 3.6 billion rubles.

the ratio of the income of the main activities to average assets has increased three times compared to the same period last year. This fact indicates an increase in profitability of the company.

"the Cycle of creation of reserves, which was caused by crises in various sectors of the economy, including transportation, was over. This is reflected in the financial statements of leasing companies under international reporting standards: in the first half of this year STLC showed a net profit of 442 million rubles. The expected positive result and by the end of 2018," said CEO of STLC, Sergey Chromagen.