Vimpelcom has boosted its Q207 US GAAP net profit by a record 84.3% against the year-earlier period to $359.3 mln, outpacing analyst expectations. Analysts projected the wireless providers net profit to climb 67.9% to $327.4 mln in April-June 2007. According to the mobile companys quarterly financial statement, sales totaled $1,717 mln, up a hefty 53.1%, and OIBDA rocketed 59.7% to $896.8 mln. Average forecasts for revenue were $1,184.8 mln (a 50% increase) and $863.6 mln (a 53.7% spike) for OIBDA.
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[Source: Russian Stock Market Blog]
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