Gazprom Neft profit dips in Q1

Russia’s Gazprom Neft reported a 4.4% fall in net incomes to 37.82 billion rubles ($1.08 billion) despite higher production as foreign exchange losses from a re-evaluation of its loan portfolio sank the result.

Profit pressure: Gazprom Neft reports net income fall
Profit pressure: Gazprom Neft reports net income fall
Published 16 May 2014, 08:25Updated 11 October 2016, 16:18
Eastern Europe