RAS net profit of Koltsovo Airport PSC for H1 2016 grew by 50.32% to RUB 480.153 million from RUB 319.416 million for the same period in 2015, AK&M reported according the company informatin.

Revenue increased by 2.6% to RUB 2.007 billion from RUB 1.956 billion, sales profit decreased by 21.68% to RUB 449.587 million from RUB 574.054 million, pre-tax profit grew by 52.12% to RUB 584.701 million from RUB 384.368 million.

Koltsovo International Airport (corporate name: Koltsovo Airport Public Stock Company, tax number: 6608000446) is one of the leading airports of Russia, part of the Airports of Russia holding. Renova Group makes strategic investments in its reconstruction. Koltsovo cooperates with over 50 Russian and foreign airlines directly connecting Yekaterinburg with more than 100 cities of Europe, Asia, and North Africa.

In H1 2016, Koltsovo airport provided services to 1.836 million passengers (roughly no change year-on-year).

According to the DataCapital information retrieval system, RAS net profit of Koltsovo Airport for 2015 decreased by 37.34% to RUB 719.456 million from RUB 1.148 billion the year before. Revenue decreased by 5.7% to RUB 4.425 billion from RUB 4.692 billion, sales profit by 22.52% to RUB 1.41 billion from RUB 1.819 billion, pre-tax profit by 34.48% to RUB 962.443 million from RUB 1.469 billion.

According to the DataCapital information retrieval system, RAS net profit of Koltsovo Airport PSC for Q1 2016 decreased 10.07 times to RUB 26.472 million from RUB 266.506 million for the same period in 2015. Revenue increased by 4.53% to RUB 929.203 million from RUB 888.953 million.