BRIEF-Sistema-Hals posts $63.5 mln Q1 net loss

MOSCOW, May 29 (Reuters) - Sistema-Hals (HALSq.L)(HALS.MM):
* Q1 2009 net loss was $63.5 million compared with $26.6
million net profit in Q1 2008
* Negative OIBDA $3.2 million vs positive OIBDA $29.8 million
in Q1 2008
* Total assets fell 12.6 percent to $1.657 billion as of March
31, 2009 from $1.896 billion as of Dec. 31, 2008
* Revenues down 74.8 percent year-on-year at $34.7 million
* Operating loss of $8.8 million against operating income of
$24.7 million in Q1 2008