Profit of “SIBUR Holding” under IAS fell 31.4% over 9 months
Edited by Rhod Mackenzie / 2014-12-11 12:42:32
The corrected net profit of the largest Russian oil chemicals holding “SIBUR Holding” OJSC under IAS fell 31.4% over 9 months 2014. The negative influence on the dynamics of net profit was made by the difference of the exchange rate which amounted to 20.3 bln roubles.
The corrected net profit of SIBUR Holding under IAS over 9 months 2014 fell 31.4% against the same period in 2013 to make up 24.748 bln roubles, the company reports.
EBITDA over 9 months made up 73.1 bln roubles having risen by 28.3% against the same period in 2013. The growth of EBITDA is mainly explained by the launch of large investment projects of the company.
