Slavneft posts IFRS net profit of 14.382 bln rbl in Jul–Sep

MOSCOW, Nov 30 (PRIME) -- The net profit of Slavneft, a joint venture of Russian oil companies Rosneft and Gazprom Neft, amounted to 14.382 billion rubles in July–September, as calculated under International Financial Reporting Standards (IFRS), the company said in a report on Thursday without providing a comparison with the same period of 2022.

Revenue reached 120.761 billion rubles in the period, and the operating profit amounted to 26.351 billion rubles. Production costs stood at 11.329 billion rubles.

In January–September, Slavneft’s net profit stood at 12.038 billion rubles. Revenue amounted to 273.313 billion rubles, operating profit to 35.86 billion rubles, and production costs to 39.944 billion rubles.

Basic earnings per share amounted to 2.2 rubles in July–September and to 1.89 rubles in January–September.

Long-term liabilities of the company stood at 288.721 billion rubles as of the end of September, and short-term liabilities at 131.088 billion rubles.

(88.8841 rubles – U.S. $1)

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