Add to favorite
 
123
Subscribe to our Newsletters Subscribe to our Newsletters Get Daily Updates RSS
russian visa


Gazprom's Profit Reduced
August 12, 2016 14:43


(Source: http://wnfollow.com/show/225695)

The profit of “Gazprom” decreased by 19 times in the second quarter of 2016, as compared to the second quarter of 2015 - from 137 to 7.2 billion roubles. This is confirmed by the calculations of the experts of “Interfax” on the basis of the company’s data.

The company’s profit for the first half of 2016 by Russian Accounting Standards (RAS) amounted to 194.4 billion roubles, which is 31 percent less than the result for January-June 2015. The official report on the results of work in the second quarter of 2016 will be released by “Gazprom” in mid-August. But even now the “SPARK-Interfax” system has published a report of the enterprise concerning the value of the issuer’s net assets as of 30 June 2016 - 9.33 trillion roubles after 9.51 trillion roubles as of March 31, 2016, which means that it decreased by 179 billion roubles during the second quarter.

The amount of increase in the value of assets for the quarter (an amendment of 187 billion roubles is applied to the second quarter – it concerns the obligation of dividends payment) exactly corresponds to the size of the net profit for the period, as the agency explained. The net profit of “Gazprom” amounted to about 187.2 billion roubles in the first quarter of 2016. In early July the analysts of Renaissance Capital predicted that “Gazprom” would have negative results. According to them, the company may get a negative free cash flow totaling $ 6.7 billion in 2016-2018, reduce the investment program, as well as record the worst profit dynamics in the industry.


Sources: http://lenta.ru 


Author: Anna Dorozhkina

Tags: Gazprom     

Next Previous

You might also find interesting:

Armenian Cooperation with Russia Kaliningrad Airport Khrabrovo will Increase the Number of Flights during the World Cup 2018 Money has No Smell or the Most Stable Business in Russia Patriotic Musical Holding Rosneft Asks For State Support









Comment on our site


RSS   twitter      submit


Ïàðòåð


TAGS:
Father Frost  Sberbank of Russia  Russian medicine  Russian mobile operators  Exhibitions in Moscow  Monuments in Moscow  Andrey Zvyagintsev  Feodor Bruni  Russian universities  Mausoleum  pedestrian zones  what to do in Sochi  Russian Schools Sites  Vasily Pichul  Jewish Museum and Tolerance Centre  Russian scientists  Exhibitions in Saint Petersburg  Russian tourism  Russian political parties  International Book Fair  Russian economy  Roman Abramovich  St. Petersburg  Russian Literature  Russian science  Bolshoi Theatre  Destruction of Monuments  Skiing  Russian aviation  Russian Cinema  The Cardigans  Pussy Riot case  Hermitage Museum  Fabio Capello  Russian tourists  AvtoVAZ   Video Mapping  Edgard Zapashny  All-Russia Science Festival  Mineralnye Vody  Dmitrovsk Alps  Karasuk  Mercedes-Benz Fashion Week Russia  Russian history  Russian business  Crimea  Russian Actresses  Science  Andrey Tarkovsky Film Festival  Moscow 


Travel Blogs
Top Traveling Sites