Surgutneftegas posts 439 bln rbl IFRS net profit in January–June

MOSCOW, Dec 11 (PRIME) -- Russian oil company Surgutneftegas posted a 438.779 billion ruble net profit in January–June after a 15.52 billion ruble net loss in the same period of 2019, as calculated under International Financial Reporting Standards (IFRS), the company said in a statement on Friday.

Sales revenue decreased by 38.1% to 499.455 billion rubles, operating profit slid 78.3% to 48.779 billion rubles.

(73.7124 rubles – U.S. $1)

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