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Moscow City Telephone

August 1, 2002

Public Joint Stock Company "Moscow City Telephone Network" (PJSC MGTS) has summed up the results of its financial and economic activities for the first half of the year 2002

The PJSC MGTS proceeds from the sales of goods, products, works, and services for the reporting period made up 4 871 085 thousand rubles, which exceeded the same 2001 first half year indicator (3 611 479 thousand rubles) by 34.87%.

The cost value of the goods and services sold increased by 18.96% only, i.e. from 2 441 062 thousand rubles in the first half of the year 2001 up to 2 903 893 thousand rubles in the first six months of 2002.

For the period under review, the PJSC MGTS net profit ran up to 633 629 thousand rubles (as against 17 279 thousand rubles in the 2001 first semester).

 

 

 

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