Russia’s gas giant Gazprom may fall from the world’s top place as the most profitable public company in 2013, says the Interfax news agency.
According to experts polled by Interfax, Gazprom’s full-year earnings amounted to $37.3 billion, which would put it third, trailing ExxonMobil, with $44.88, and Apple, with $41.75 billion.
It may fall even lower, giving way to the Industrial and Commercial Bank of China, but it has not yet made public its annual reports.
Last year, Gazprom was top of the world, earning $44.15 billion. In 2012, its revenues are expected to shrink due to discounts offered to European consumers and declining exports.
Author: Mikhail Vesely