RussNeft says swings to 21.3 bln rbl IFRS net loss in 2020

MOSCOW, Mar 26 (PRIME) -- Russian oil company RussNeft posted a net loss of 21.3 billion rubles in 2020 against a net profit of 21.854 billion rubles in 2019, as calculated under International Financial Reporting Standards (IFRS), the company said on Friday.

The net loss attributable to the shareholders amounted to 16.955 billion rubles against a profit of 24.364 billion rubles in 2019.

Revenue decreased by 29% to 133.196 billion rubles.

(76.1741 – U.S. $1)

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