CEO says Gazprom Neft not to change dividend policy

MOSCOW, Dec 22 (PRIME) -- Russian oil company Gazprom Neft will not revise the dividend policy from the current 50% of the net profit under International Financial Reporting Standards (IFRS), CEO Alexander Dyukov said on Tuesday.

"Concerning dividends, as far as you know, a decision was made to spend 50% of the net profit to pay dividends, and the decision is therefore not to be revised," Dyukov said.

The official also said that there is a high probability that the company will receive a net profit in 2020.

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