March 14, 2012 / 7:13 AM / in 6 years

Russia's Cherkizovo Q4 rouble net profit up 15 pct

MOSCOW, March 14 (Reuters) - Russian meat producer Cherkizovo said on Wednesday its fourth-quarter net profit rose 15 percent in rouble terms, year-on-year, to 1.23 billion roubles ($41.79 million), helped by the expansion of production facilities and state subsidies.

Revenues rose 25 percent to 12.26 billion roubles, and adjusted earnings before interest, taxation, depreciation and amortisation (EBITDA) grew 33 percent to 2.05 billion roubles, Cherkizovo said in a statement.

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