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Russian electronic devices store M.Video reports 13% surge in first-half quantities


MOSCOW (Reuters) – Russian customer electronic devices store M.Video-Eldorado stated on Monday that its gross product worth (GMV), a procedure of deal quantities, increased 13% in the very first fifty percent of 2024 from a year previously to 247 billion roubles ($ 2.7 billion).

First- fifty percent earnings additionally boosted by 13% to 202 billion roubles compared to the year-ago duration and gross earnings boosted by 6% to 41.6 billion roubles, the business stated.

Core revenues went down a little to 6.5 billion roubles, the business stated, in what CHIEF EXECUTIVE OFFICER Sergei Li called a tough macroeconomic atmosphere with need in the customer electronic devices market air conditioning.

($ 1 = 91.4000 roubles)

(Reporting by Reuters; Writing by Alexander Marrow; Editing by Susan Fenton)



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