QIWI Q2 Net Profit Soars; Ups 2013 Forecast - Quick Facts

(RTTNews) - QIWI plc (QIWI) reported a jump in second-quarter net profit attributable to equity holders of the parent to 460.08 million Russian rubles, from 137.43 million rubles last year, with earnings per share surging to 8.83 rubles, from 2.65 rubles a year ago. For the quarter, adjusted net profit totaled 547 million rubles, or $16.7 million, or 10.50 rubles per share, the company said.

Revenue amounted to 2.11 billion rubles during the period. Adjusted net revenue was 1.56 billion rubles, or $47.7 million, an increase of 62% as compared with 965 million rubles in the prior year.

Looking ahead, 2013 adjusted net revenue is expected to increase by 27% to 30% over 2012, above the prior guidance of 23% to 26%. Adjusted net profit is likely to increase by 35% to 40% over 2012, above the earlier outlook of 27% to 33%.

QIWI announced that following the determination of second quarter 2013 financial results its board approved a dividend of $16,640,000.00 or $0.32 per share. The dividend record date is September 9, 2013, and QIWI would pay the dividend on September 10, 2013.