Sunday, 29 April 2018

Russia’s Gazprom says 2017 net profit falls 25 pct y/y

Russia’s Gazprom says 2017 net profit falls 25 pct y/y

29 April 2018, News Wires – Russian gas giant Gazprom said on Thursday its earnings fell 25 percent year-on-year in 2017, partly due to higher debt and costs of a legal dispute with Ukraine. Net profit for the year totaled 714.3 billion roubles ($11.41 billion), the company said, down from 951.6 billion roubles a year earlier. Analysts …

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