In H1, Novatek expected to increase its profit under IAS by 10% to 34 billion rubles
Edited by Rhod Mackenzie / 2013-08-08 03:41:57
In January-June of 2013, Novatek is expected to increase its net profit under IAS by 10% to 34.041 billion rubles, Prime’s consensus forecast reports.
Analysts expect that in the first 6 months the Novatek’s proceeds will grow by 38.7% and made up 138 billion rubles. According to them, EBITDA increased by 20.48% to 53.772 billion rubles. Novatek will publish its financial accounting under IAS for the 2nd quarter and the first 6 months on Friday, August 9.
