Support The Moscow Times!

Mirland Swings to H1 Profit

Property developer Mirland Development said Wednesday that it swung to profit in the first half as the value of its holdings increased.

Mirland had net income of $8.15 million, compared with a loss of $18.1 million a year earlier, the company said.

Sales rose to $9.56 million from $8.51 million a year earlier. Total assets rose to $624 million during the first half, the company said.


Read more

Independent journalism isn’t dead. You can help keep it alive.

The Moscow Times’ team of journalists has been first with the big stories on the coronavirus crisis in Russia since day one. Our exclusives and on-the-ground reporting are being read and shared by many high-profile journalists.

We wouldn’t be able to produce this crucial journalism without the support of our loyal readers. Please consider making a donation to The Moscow Times to help us continue covering this historic time in the world’s largest country.