IDGC of Northern Caucasus announced earnings results for the first half on 2016. RAS net loss of IDGC of Northern Caucasus, PJSC for first half on 2016 decreased 3.12 times to RUB 728.431 million from RUB 2.276 billion for the same period in 2015. Revenue increased by 5.07% to RUB 7.44 billion from RUB 7.081 billion, sales profit decreased by 27.61% to RUB 213.355 million from RUB 294.738 million, loss before tax 3.24 times to RUB 853.073 million from RUB 2.761 billion.