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Mass media / Periodicals

Net profit of Slavneft under IFRS in the I half fell by 0.2%

"Oil of Russia" 02.08.2019 at 10:12

Net profit of Slavneft under IFRS attributable to shareholders, in the first half of 2019 decreased by 0.2% compared to the same period last year and amounted to 10,472 billion rubles, follows from the report of the company.

the Revenue for the period rose 6.3%, to 157,3 billion. Operating profit decreased by 3.2%, to 24,377 billion. Basic earnings per ordinary share amounted to 2.2 2.21 ruble against the ruble over the same period last year.

Operating costs and expenses increased by 8% to $ 133,389 billion. Production costs decreased by 1.6% to 21,886 billion.

the Capital of the company increased by 13.5 per cent to 257,029 billion. Long-term liabilities decreased by 32% to 163,225 billion rubles, short – term- increased by 46.3%, 91,439 billion.

"Slavneft" – subsidiary joint venture "Rosneft" and "Gazprom oil".

Source: PRIME