Novatek IFRS net profit falls 39% to 71 bln rbl in Jan-Mar

MOSCOW, Apr 26 (PRIME) -- The net profit attributable to shareholders of Russian independent gas producer Novatek declined by 38.7% on the year to 71 billion rubles in January-March, the company said in a statement on Wednesday.

Income from oil and gas sales rose by 11.4% on the year to 154 billion rubles, other revenues dropped by 44.5% to 627 million rubles.

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

http://www.novatek.ru/en/press/releases/index.php?id_4=1652

(55.8453 rubles – U.S. $1)

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