Russia’s Lukoil RAS net profit falls 70% to 17 bln rbl in Jan–Mar

MOSCOW, Apr 25 (PRIME) -- The net profit of Russian oil major Lukoil plunged by about 70% on the year to 16.9 billion rubles in January–March, as calculated under Russian Accounting Standards (RAS), the company said in a report published Monday.

Revenue grew 31.9% on the year to 67.839 billion rubles in the period, Lukoil said.

(66.2198 rubles – U.S. $1)

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