OREANDA-NEWS. North-West Telecom has summed up its business results for the 1st quarter of 2007 according to the Russian Accounting Standards (RAS).

By the results of the 1st quarter of 2007, the proceeds were RUR 5,732,988,000, an increase of 19.4% against the 1st quarter of 2006. The costs of North-West Telecom increased by 23.5% compared to the similar period of the last year, reaching RUR 4,032,526,000.

The sales profit grew by 10.6% against the 1st quarter of 2006, making RUR 1,700,461,000. The EBITDA indicator was RUR 2,273,726,000 in the 1st quarter of 2007, exceeding the similar value of 2006 by 33.7%. The EBITDA margin reached 39.7%, which is 4.2 percent higher than in the 1st quarter of 2006.

The net profit of North-West Telecom was RUR 1,007,834,000 by the results of the 1st quarter of 2007, which is 50.4% higher than in the similar period of the last year.