March 4 (Reuters) - Russian internet group Mail.ru
expects revenue to grow by 18-21% to 127-130 billion
roubles ($1.72-1.76 billion) in 2021 and its EBITDA margin to
increase compared to last year, it said on Thursday.
The company reported that last year's fourth-quarter
earnings before interest, taxes, depreciation and amortisation
(EBITDA) declined 25.4% to 7.31 billion roubles ($99.06 million)
due to expenses in the games segment and investments in new
services.
The company said that fourth quarter net profit was down
68.8% to 1.77 billion roubles, year-on-year.
($1 = 73.8400 roubles)
(Reporting by Anna Rzhevkina; editing by Katya Golubkova)