In Q1, Bashneft’s net profit grew by 26.7% to 14.4 bln rubles

In the first quarter of 2016, the net profit of Bashneft under IAS increased by 26.7% compared to the same period last year to 14.4 billion rubles, the company reports.

The Group’s revenues decreased by 8.2% to 131.259 billion rubles. EBITDA increased by 7.7% to 28.545 billion rubles. Adjusted EBITDA grew by 5.3% to 28.165 billion rubles. The adjusted net debt decreased by 26.7% to 107.463 billion rubles.

Full text available to premium subscribers only.

Buy full access for 24 hours now


Request a quote to subscribe for a longer period

Oil and Gas, Metals and Mining, News from Russia and neighbouring countries
42a Pushkina Street; Ufa, Bashkortostan 450076; Russia
E 54° 43.48836" N 55° 55.52346"
Telephone: +7 927 303 00 25

Theme by Danetsoft and Danang Probo Sayekti inspired by Maksimer