July 26, 2018 / 7:14 AM / a month ago

Russia's Magnit says H1 revenue at 595 bln rbls, up 7.2 pct

MOSCOW, July 26 (Reuters) - Russia’s second-biggest food retailer Magnit said on Thursday revenue in the first half of this year was up 7.2 percent at 595 billion roubles ($9.46 billion).

Second quarter net profit was down 21.5 percent in year-on-year terms, although net sales for the same period were up 6.5 percent.

$1 = 62.8842 roubles Reporting by Olga Sichkar Writing by Tom Balmforth Editing by Katya Golubkova

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