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Pyaterochka Holding said Monday its net profit dropped 8.7% in the first six months of 2006
Pyaterochka Holding N.V. (LSE: FIVE) said Monday its net profit dropped 8.7% in the first six months of 2006, to $62 mln. Pyaterochka is Russia's largest supermarket chain, with more than 370 outlets in Moscow, St. Petersburg and the Urals city of Yekaterinburg. In mid-May, it finalized a merger deal with Perekryostok, which operates 147 supermarkets and discounters across 14 Russian regions and Ukraine. Pyaterochka's net profit in the reporting period was $43.8 mln, as compared with $47.3 mln in the period of 2005. Perekryostok's net profit in the reporting period declined to $18.3 mln from $20.7 mln, year-on-year.
Print Pyaterochka Holding said Monday its net profit dropped 8.7% in the first six months of 2006 Bookmark Pyaterochka Holding said Monday its net profit dropped 8.7% in the first six months of 2006

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