OJSC Belon announced earnings results for the year 2014. For the year, the company reduced net losses to International Financial Reporting Standards (IFRS) by 74% year-on-year to RUB 2.4 billion. Revenue fell by 4% to RUB 10.377 billion with insignificant growth for cost of sales.

Earnings before interest, tax, depreciation and amortization (EBITDA) and factors that affected the change in revenue and the fall in losses were not disclosed in the report. According to the materials, in 2013 the company posted losses from the impairment of assets held for sale and other non-current assets in the amount of RUB 10.456 billion, while in the report for last year there were no such losses. Retained earnings at the end of 2014 fell to RUB 6.564 billion from RUB 8.968 billion as at the end of 2013.