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VKCO — VK News Story

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Consumer CyclicalsHighly SpeculativeSmall Cap

Brief: Russia's VK turns to profit of 41.2 bln roubles in Q3

Nov 10 (Reuters) - Russia's VK  VKCOq.L  says: 
    * Total net profit in the third quarter of 2022 was 41.2
billion
roubles ($669.9 million), compared to a net loss of 2.4 billion
roubles in the same period last year.
    * Adjusted earnings before interest, tax, depreciation and
amortisation (EBITDA) in the third quarter were up 16%
year-on-year at 9.8 billion roubles.
    * VK continues to restructure its convertible bonds and has
bought
back around 55% of all bonds outstanding with a nominal value of
$220 million.

Further company coverage:  VKCOq.L 
    ($1 = 61.5000 roubles)
 (Reporting by Reuters)

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