Net profit of Novatek under IAS rose by 1.3 times to 73 bln roubles in H1
Edited by Rhod Mackenzie / 2015-07-29 02:42:54
The corrected net profit of Novatek referred to the shareholders roe by 1.3 times in H1 2015 against H1 2014 to 72.995 bln roubles.
This result comprises the funds from the sale of stakes in JVs, is reported.
The company’s revenue from the sale of oil and gas made up 224.798 bln roubles against 176.414 bln roubles in H1 2014.
EBITDA taking into account the stake of EBITDA of JVs rose to 105.324 bln roubles against 83.302 bln roubles in H1 2014.
In H1 2015 Novatek’s free monetary flow rose by 2.3 times against H1 2014 to 40.4 bln roubles.
The largest shareholders of Novatek are the structures of L. Mikhelson and G. Timchenko, Total (18.6%).
