Rosinter Restaurants goes into red, posting 1H 2011 net loss of 321.5 million roubles

Rosinter Restaurants, a major Russian restaurant chain operator, has posted a 1H 2011 net loss of 321.5 million roubles under IFRS. The bottom line nosedived from a 111-million-rouble net profit in 1H 2010, with 1H EBITDA also going down to minus 57.2 million roubles from 490.9 million roubles posted a year earlier, despite revenues increasing […]