MOSCOW, July 2 (RIA Novosti) - MICEX Group said Wednesday its net profit calculated to International Financial Reporting Standards rose 51% year-on-year in 2007 to 3.5 billion rubles ($148 million).
Founded in the early 1990s during post-Soviet market reforms, the MICEX Group is comprised of the Moscow Inter-Bank Currency Exchange (MICEX), the MICEX Stock Exchange, the National Depositary Center, the MICEX Settlement House, the National Clearing Center and regional exchanges.
MICEX Group's shareholder equity increased 32% during 2007 to end the year at 13.6 billion rubles ($576 million).
