In 2013, Sibur reduced net profit by ISA by 15.2% to 50.9 billion rubles
Edited by Rhod Mackenzie / 2014-03-18 10:14:04
Finance Oil and Gas Refining Russia Petrochemicals Financial results Russia Oil and Gas Gas Oil Production and Refining
In 2013, Sibur reduced net profit by ISA by 15.2% to 50.9 billion rubles. They explain the negative influence to net profit dynamics by the effect from admission of the negative differences in currency exchange. Corrected profit is announced with exclusion of non-monetary expenses connected with the rewarding programs in the forms of stocks and incomes from disposal of Yugragazpererabotka. Concerning these factors, reduced net profit by 24.3% to 45.458 billion rubles. Revenue remained nearly unchanged at the level of 269.8 billion rubles. EBITDA was 78.9 billion rubles (-4.2%).
