EconomyRussian tech company VK posts quarterly profit for first time in over three years
Russia’s VK holding company reported a net profit of 328 million rubles for the second quarter of 2026, its first profitable quarter since late 2022. Analysts attributed the result to VK’s sale of a 25% stake in Tochka bank, while VK said the deal had an insignificant effect and pointed to improved efficiency and lower costs behind revenue growth.
MMeduza★★☆☆☆2026-08-14 08:59Original
Russian tech company VK posts quarterly profit for first time in over three years