Gazprom 3Q Profit Rises 93% as Sales Grow Higher
December 03 2018 - 4:37AM
Dow Jones News
By Oliver Griffin
Gazprom PJSC (GAZP.RS) on Monday reported a 93% increase in
third-quarter net profit boosted by increased sales across the
company's businesses.
The Russian oil-and-gas company made a profit of 386.4 billion
rubles ($5.76 billion) in the three months ended Sept. 30, compared
with RUB200.5 billion in the year-earlier period.
Sales during the third quarter rose 35% to RUB1.93 trillion,
Gazprom said.
The company said the increase in sales was mainly due to an
increase in sales of gas, refined products, crude oil and gas
condensate.
Write to Oliver Griffin at oliver.griffin@dowjones.com;
@OliGGriffin
(END) Dow Jones Newswires
December 03, 2018 04:22 ET (09:22 GMT)
Copyright (c) 2018 Dow Jones & Company, Inc.
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