International Financial Reporting Standards

Magnit net retail sales rose to 27.3 billion roubles

Indiaretailing Bureau - April 11, 2011

Russia's leading chain of food retail networks, “Magnit” saw a rise in sales to 27.3 billion roubles ($960 million) from 17.8 billion a year earlier. As of March 31, 2011 the chain consisted of 4,128 convenience stores, 57 hypermarkets...

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