Obuv Rossii Group Announces Operating Results for September, 3Q and 9M 2020
NOVOSIBIRSK, Russia–(BUSINESS WIRE)–Obuv Rossii Group (MOEX: OBUV), the first publicly traded company in the Russian fashion retail, comprising 846 stores in 336 cities of Russia and two production facilities, announces its unaudited operating results for September, the third quarter and nine months ended 30 September 2020.
SEPTEMBER 2020 OPERATING HIGHLIGHTS:
- The unaudited revenue in September increased by 35% compared to August and reached RUB 1,391 mln (exclusive of VAT) which is the maximum monthly level in 2020.
- The revenue of Arifmetika LLC, a member of the Group, which specializes in consumer loans, exceeded the revenue of September 2019 by 14% and amounted to RUB 225 mln.
- Wholesale revenue of September…