Gazprom reduces profit under IAS by 23%
The net profit of OJSC “Gazprom” under IAS went down by 23% to 450.578 billion roubles in January-June 2014 against the same period last year. It goes from the report of the Russian gas holding.
The total profit, inclusive of uncontrolled shares, made up 465.226 billion roubles. The revenue of Gazprom in H1 made up 2.873 trillion roubles. It is by 12% more than in January-June last year. The financial results on net income turned out to be worse than the expectations of the analysts, who forecasted 484.5 billion roubles of profit, while the revenue is up to the forecast (2.8 trillion roubles).
The operating expenses increased by 31% in H1 and made up 2.249 trillion roubles.