date:Mar 18, 2013
th quarter of 2011, and increased 24 per cent on a ruble currency basis.
Group gross margin was 29 per cent for 2012 and 27 per cent for the fourth quarter.
Net income increased by 75 per cent in roubles and increased by 66 per cent on a US Dollar basis to $225.2 million from $135.9 million for 2011. Net income in the fourth quarter more than doubled (+115 per cent) to $66.5 million from $ 31.0 million, and more than doubled (+112 per cent) on a rouble currency basis.
Business Developments