Rosneft reduces its net profit and increases capital costs
Edited by Rhod Mackenzie / 2016-03-31 10:47:00
In the fourth quarter of 2015, Rosneft reduced its net profit under IAS 1.7 times as compared to the same period of 2014 to 53 billion rubles, the company's capital expenditure were increased by 11.6%, to 595 billion rubles. This is stated in the company’s report under IAS.
The proceeds of Rosneft increased by 13.2% to 1.196 trillion rubles, and EBITDA grew 1.5 times to 278 billion rubles.
