Russia’s Lukoil Jan–Jun IFRS net profit falls 37% to 105 bln rbl

MOSCOW, Aug 29 (PRIME) -- The net profit of Russian oil company Lukoil fell 37.18% on the year to 105.392 billion rubles in January–June, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Monday.

Revenue fell 13.73% to 2.51 trillion rubles. Operating spending went up 7.3% to 226.95 billion rubles.

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

http://www.lukoil.com/new/finreports/2016

(64.7380 rubles – U.S. $1)

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