By Adria Calatayud

Gazprom PJSC (GAZP.RS) said Friday that net profit for the third quarter of 2019 fell 45%, hit by lower sales and higher finance costs.

The Russian gas giant said it made a net profit of 211.79 billion Russian rubles ($3.30 billion) for the three months to Sept. 30 compared with RUB386.45 billion in the year-earlier period.

Sales for the quarter fell to RUB1.622 trillion from RUB1.930 trillion in the same period of 2018, Gazprom said.

Write to Adria Calatayud at adria.calatayud@dowjones.com

(END) Dow Jones Newswires

November 29, 2019 05:07 ET (10:07 GMT)

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