Production

Surgutneftegaz posts financials as shares decline

Higher operating costs and poor profitability of affiliates hit bottom line, company said

Third quarter: net income dropped to 116 billion rubles in the reporting period against 598 billion rubles a year earlier
Third quarter: net income dropped to 116 billion rubles in the reporting period against 598 billion rubles a year earlierPhoto: REUTERS/SCANPIX
  • Vladimir Afanasiev
ProductionSurgutneftegazLukoilVagit AlekperovVladimir Bogdanov
Published 29 October 2019, 17:19Updated 29 October 2019, 17:19