Net profit of Novatek under RAS rose by 69.9% to over 12.4 bln roubles in Q1
Edited by Rhod Mackenzie / 2016-05-16 06:20:53
The net profit of Novatek under RAS rose by 69.9% in Q1 against Q1 2015 to 12.4 bln roubles.
The company’s revenue rose by 17.7% t over 106.3 bln roubles.
Prime cost of sales rose by 25.2% in Q1 2016 to almost 55.7 bln roubles.
Pre-tax profit grew by 64.11% to make up 14 bln roubles.
Long-term loans of Novatek as of the end of Q1 2016 reached more than 150.5 bln roubles, short-term – 76.3 bln roubles.
