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MOSCOW (Reuters) - Russia's biggest mobile operator MTS on Thursday reported a 36.4% year-on-year drop in second-quarter net profit to 10.9 billion roubles ($185.53 million) as group revenues edged slightly higher to 127.8 billion roubles.
"In the second quarter of 2022, MTS largely adapted to the new macroeconomic environment," President and CEO Vyacheslav Nikolaev said in a statement published online.
MTS said pressure on profits came in part from increased financing costs and greater MTS Bank provisions.
($1 = 58.7500 roubles)
(Reporting by Reuters)
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| -.--% | 1.57B | |
| +15.46% | 74.61B | |
| +51.06% | 16.66B | |
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| +5.62% | 13.66B | |
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| +6.12% | 10.96B | |
| +31.64% | 9.95B | |
| -2.27% | 9.59B |
SISTEMA PUBLICFINANCIAL CORPORATION 
