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Name | Symbol | Market | Type |
---|---|---|---|
PJSC Gazprom (PK) | USOTC:OGZPY | OTCMarkets | Depository Receipt |
Price Change | % Change | Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 1.10 | 0.00 | 01:00:00 |
By Jaime Llinares Taboada
Gazprom PJSC on Tuesday posted a loss for the first nine months of the year, as the coronavirus pandemic hit natural gas demand and prices.
The Russian gas giant booked a net loss of 218.38 billion rubles ($2.85 billion) for the nine months ended Sept. 30, compared with a RUB1.048 trillion profit in the same period of 2019.
Bottom-line performance reflected weaker revenue, which fell 25% to RUB4.301 trillion during the period. Gazprom said that net sales to the European and other countries segment fell 40%, compared with a 20% decline in former Soviet Union countries and 6% within Russia.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com; @JaimeLlinaresT
(END) Dow Jones Newswires
December 01, 2020 02:43 ET (07:43 GMT)
Copyright (c) 2020 Dow Jones & Company, Inc.
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