02:25 GMT +317 January 2018
Listen Live
    Business

    Gazprom Neft posts 47.7% rise in 2006 net profit

    Business
    Get short URL
    0 0 0

    Gazprom Neft [RTS: SIBN] said Tuesday its unconsolidated net profit in 2006 increased 47.7% to 62.829 billion rubles ($2.4 billion).

    MOSCOW, April 3 (RIA Novosti) - Gazprom Neft [RTS: SIBN] said Tuesday its unconsolidated net profit in 2006 increased 47.7% to 62.829 billion rubles ($2.4 billion).

    The company, known as Sibneft before it was taken over by Russian energy giant Gazprom, said its net profit in October-December 2006 was 15.162 billion rubles ($583 million).

    The company said its net profit in the fourth quarter of 2006 fell 14.2% on the third quarter of the same year, attributing the fall to "reduced prices of oil and oil derivatives, as well as declining sales."

    Community standardsDiscussion
    Comment via FacebookComment via Sputnik
    • Сomment