Gazprom Neft IFRS net profit rises 6% to 400 bln rbl in 2019 - 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

Gazprom Neft IFRS net profit rises 6% to 400 bln rbl in 2019

MOSCOW, Feb 25 (PRIME) -- The net profit attributable to shareholders of Russian oil company Gazprom Neft rose 6.2% to 400.2 billion rubles in 2019, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Monday.

Revenue remained flat on the year at 2.485 trillion rubles. Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) were 795.1 billion rubles, on the level of 2018. The ratio between the net debt and EBITDA amounted to 0.7.

Capital expenditures grew 27% to 476.399 billion rubles.

For further details, see the company’s statement on its official website:

https://www.gazprom-neft.com/press-center/news/gazprom_neft_s_net_profit_exceeds_rub400_billion_in_2019/

(64.3008 – U.S. $1)

End

25.02.2020 13:02