OREANDA-NEWS. The Sistema financial company, Russia’s and CIS largest commercial company, has announced its financial results for the 9 months of 2006 prepared under US GAAP standards.

The company’s consolidated profit went up by 38% to $7.5 billion, with OIBDA indicator going up by 31% to reach $3 billion.

Profits from the company’s major line of business increased by 35% to $2.1 billion. Net profit went up by 87% reaching $810.1 million. Profits per share rose by 83% to $84.21.
Total consolidated assets of the company increased by 54%, reaching $18.5 billion.