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Russia's Megafon Q2 net income up 2.2 pct, below fcast
July 31, 2014 / 6:11 AM / 3 years ago

Russia's Megafon Q2 net income up 2.2 pct, below fcast

MOSCOW, July 31 (Reuters) - Russian mobile phone operator Megafon said on Thursday its second-quarter net profit rose 2.2 percent, year-on-year, missing analysts’ expectations of a 6 percent increase.

The company reported net profit of 13.9 billion roubles ($392 million) compared with 13.6 billion a year earlier and an average forecast of 14.4 billion in a Reuters poll. ($1 = 35.4600 Russian Roubles) (Reporting by Maria Kiselyova; Editing by Elizabeth Piper)

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