OREANDA-NEWS. May 25, 2011. RTS Group reports a RUB267 million net profit for Q1 2011, a 79% increase, compared to RUB147 million for the same period last year.

According to the unaudited IFRS financial statements of RTS Group for Q1 2011 the fee income grew by 40% to RUB436 million.

The fee income growth is mainly attributable to the increase in the trading volume on the Russian derivatives market. The RTS Group’s income generated from trading on the derivatives market in Q1 2011 went up by 75% to reach RUB242 million, compared to RUB138 million for the same period last year. In addition the income from trading on the cash equities market in Q1 2011 rose by 13% to RUB70 million, and the depository services income grew by 33% to RUB75 million.

Interest income and other income rose by 50% to reach RUB427 million.

Unaudited IFRS financial statements of RTS Group for Q1 2011, ths. rubles:

 

Q1 2011

Q1 2010

Change

Net profit

266,926

148,903

79%

Fee income

435,616

310,672

40%

Derivatives market

241,659

138,347

75%

Cash equities market

70,000

62,052

13%

Depository services

75,788

56,869

33%

Consolidated financial statements of the RTS Group include financial statements of the RTS Stock Exchange and its subsidiary companies as well as the Group’s participation in affiliated companies.