Lukoil profit sinks by 47%

Russia’s Lukoil reported a 47% plunge in net profit in the third quarter as currency losses, lower oil prices and asset write-downs ate into higher revenues.

Forex effect: Rouble's slide hits Vagit Alekperov's Lukoil in Q3
Forex effect: Rouble's slide hits Vagit Alekperov's Lukoil in Q3
Published 27 November 2014, 11:29Updated 11 October 2016, 15:18
Eastern Europe