Support The Moscow Times!

Mail.ru Q1 Profit Rises 26%

Russian internet group Mail.ru said on Friday its first-half net profit was up 26 percent year-on-year to 6.3 billion rubles ($175 million).

The company added that its revenue grew 22 percent to 15.1 billion rubles. The company also decreased its full-year revenue growth forecast to between 14-18 percent from 22-24 percent.

See also:

Search Engine Yandex to Start Trading Shares in Moscow

Test: How Does State Search Engine Sputnik Stand Up to Google and Yandex?

… we have a small favor to ask.

As you may have heard, The Moscow Times, an independent news source for over 30 years, has been unjustly branded as a "foreign agent" by the Russian government. This blatant attempt to silence our voice is a direct assault on the integrity of journalism and the values we hold dear.

We, the journalists of The Moscow Times, refuse to be silenced. Our commitment to providing accurate and unbiased reporting on Russia remains unshaken. But we need your help to continue our critical mission.

Your support, no matter how small, makes a world of difference. If you can, please support us monthly starting from just 2. It's quick to set up, and you can be confident that you're making a significant impact every month by supporting open, independent journalism. Thank you.

Continue

Read more