Gazprom Neft says Jan–Sep IFRS net profit soars to 357 bln rbl

MOSCOW, Nov 18 (PRIME) -- The net profit of Russian oil company Gazprom Neft soared tenfold to 356.968 billion rubles in January–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Thursday.

Revenue rose 49.1% to 2.162 trillion rubles.

Adjusted earnings before interest, taxes, depreciation and amortization (EBITDA) rose 112.8% 700.6 billion rubles.

Capital expenditures dropped 7.2% to 278.54 billion rubles.

For further details, please, see the company’s statement on its official Web site:

https://www.gazprom-neft.com/press-center/news/gazprom_neft_delivers_10_fold_growth_of_net_profit_for_9m_2021/

(72.8228 rubles –U.S. $1)

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