Lukoil says RAS net profit falls by 22% to 104 bln rbl in Jan–Mar

MOSCOW, May 2 (PRIME) -- The net profit of Russian oil major Lukoil decreased by 21.8% on the year to 104.287 billion rubles in January–March, as calculated under Russian Accounting Standards (RAS), the company said in a report on Tuesday.

Revenue decreased by 37% to 455.83 billion rubles, and the gross profit fell by 23.6% to 146.194 billion rubles.

(80.5093 rubles – U.S. $1)

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