SFI investment holding (SFI PJSC, MOEX: SFIN) reported a net profit of 3.6 billion rubles in Q2 2023 under Russian Accounting Standards (RAS), which is 2.2 times higher than the figure for the same period in 2022.

Compared to the first quarter of 2023, the net profit indicator slightly decreased (by 0.17 billion rubles): the second quarter traditionally accounts for a significant amount of the holding's management expenses. The growth in the value of shares of public companies in the portfolio of financial investments of the holding - M.Video-Eldorado Group and RussNeft continues to have a positive impact on the income of SFI.

You can find the RAS statements of the holding on the SFI website.

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Safmar Finansovye Investitsii PAO published this content on 03 August 2023 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 03 August 2023 13:41:02 UTC.