Gazprom Neft posts 9M’15 net income of RUB 130.9 bln, up 6.2% Y-o-Y
Gazprom Neft has published its consolidated financial results for 9M 2015, prepared in accordance with International Financial Reporting Standards (IFRS).
Net income attributable to the shareholders of Gazprom Neft fell by 6.2% Y-o-Y to RUB 130.9 bln, the Company says. The negative impact of foreign exchange rate differences in loan revaluations held back net income growth.
The Company says EBITDA increased by 4.7% to RUB 272.24 bln, adjusted EBITDA totaled RUB 312.22 bln (+9.3%).
Gazprom Neft is a vertically integrated oil company primarily engaged in oil and gas exploration and production, refining, and the production and sale of petroleum products.
