The net profit of the St. Petersburg Stock Exchange according to IFRS in 2023 decreased by 2.8 times

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AK&M 25 April 2024 11:38

The net profit of the St. Petersburg Stock Exchange under IFRS in 2023 amounted to 0.68 billion rubles, a decrease of 2.8 times compared to a year earlier. This is stated in the message of the exchange.

EBITDA decreased by 11.86% to RUB 2.56 billion. The EBITDA margin decreased to 35.3% from 37.47% a year earlier. Profit margin fell to 9.37% from 24.9% in 2022. Total revenue decreased by 52.36% to RUB 0.91 billion.

St. Petersburg Stock Exchange was previously a platform for the organization of trading in securities of international companies. Currently, foreign counterparties have suspended cooperation with the exchange.