Net profit of Gazprom Neft under IAS rose by 3.7% in 2014
Edited by Rhod Mackenzie / 2015-03-02 03:10:44
On the results of 2014 the company forecast a revenue fall by 8% against 2013 – to $36.6 mln due to the oil price fall, the company said.
The net profit of Gazprom Neft OJSC under IAS in 2014, corrected by the loss from the exchange rates difference, rose by 3.7% to 188.45 bln roubles, the company reports.
The company’s net profit before correction fell by 34.1% to 122.09 bln roubles.
Analysts forecast the fall of its net profit under IAS in 2014 by 29.12% to 126.1 bln roubles due to the fall of the rouble rate and oil price in Q4. On the results of 2014 the company forecast a revenue fall by 8% against 2013.