CORRECT: Rosneft IFRS net profit jumps to 309 bln rbl in JanuaryЦJune - News Archive - PRIME Business News Agency - All News Politics Economy Business Wire Financial Wire Oil Gas Chemical Industry Power Industry Metals Mining Pulp Paper Agro Commodities Transport Automobile Construction Real Estate Telecommunications Engineering Hi-Tech Consumer Goods Retail Calendar Our Features Interviews Opinions Press Releases

CORRECT: Rosneft IFRS net profit jumps to 309 bln rbl in JanuaryЦJune

(Corrects lede to say that net profit of Rosneft quadrupled year-on-year, not rose 40%)

MOSCOW, Aug 7 (PRIME) -- The net profit of Russian oil major Rosneft attributable to shareholders more than quadrupled on the year to 309 billion rubles in JanuaryЦJune from 75 billion rubles in the same period of 2017, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on Tuesday.

Sales revenue and income from associated and joint ventures grew 34.8% on the year to 3.787 trillion rubles in the period.

Earnings before interest, taxes, depreciation and amortization (EBITDA) soared 48.7% to 950 billion rubles.

Free cash flow of the company doubled on the year to 363 billion rubles in the period. Capital expenditures grew 11.1% to 452 billion rubles.

For further details, see the companyТs statement on its official website:

https://www.rosneft.com/press/releases/item/191875/

(63.4975 rubles Ц U.S. $1)

End

07.08.2018 11:27
 
 
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