Gazprom can spend 27% of IFRS net profit in 2017 dividends

MOSCOW, Apr 26 (PRIME) -- Russian gas giant Gazprom can spend 27% of the net profit under International Financial Reporting Standards (IFRS) in dividends for 2017, the company said in a statement on Thursday.

The net profit of the company attributable to the shareholders amounted to 714.3 billion rubles in 2017, as calculated under IFRS.

According to an earlier statement, Gazprom’s executives offered to allocate 190 billion rubles, or 8.04 rubles per share, in 2017 dividends.

(61.7494 rubles – U.S. $1)

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