Whoosh shares fell in price after the publication of a report on a 79.5 drop in company profits%

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Whoosh shares fell in price after the publication of a report on a 79.5 drop in company profits%
August 27th. /MEDIA TALK/. On Tuesday, August 27, Whoosh shares fell in price after the publication of the organization's report on a 79.5% drop in company profits in the first half of the year. This follows from the data of the Moscow Exchange.

In January-June 2024, the kicksharing company's net profit fell to 259 million rubles. The report says that this was influenced by exchange rate differences, without taking them into account, the figure would have been at the level of 616 million, which is only 13% lower than in 2023.


Photo: ru.freepik.com

The company's revenue increased by 42%, to 6.298 billion rubles, the total number of trips on electric scooters of the company increased by 57%, to 63.1 million.

After the publication of the data, Whoosh shares fell to 215.33 rubles (-6.37%). As of 15:59 Moscow time, the securities of the service increased slightly in price to 217.7 rubles.

Recall that in early August it was reported that in January-July 2024, the number of trips on Whoosh electric scooters in Russia jumped by 50%. The figure reached 85.3 million.
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