BRIEF-Russia's Sberbank Q1 profit falls 98 pct to 600 mln rbls

Tue Jul 14, 2009 2:39am EDT
 
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MOSCOW, July 14 (Reuters) - Sberbank (SBER03.MM) Q1:

*Net profit 600 million roubles, down 98 percent year/year

*Average forecast in Reuters poll 1.62 billion roubles

*Operating income before provisions 144.2 billion roubles

*Reuters poll saw revenues at 140.2 billion roubles

*Provisions for loan impairment 90.7 billion roubles

*Provisions up from 7.5 billion roubles in Q1 2008 (Reporting by Oksana Kobzeva; editing by Simon Shuster)

 

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