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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 |
From May 2019 to May 2024
By James Marson
MOSCOW--Russian state-controlled gas giant PAO Gazprom said Thursday it posted a net profit of 102 billion rubles ($1.6 billion) in the third quarter of 2016 after a foreign-exchange loss had pushed it into the red in the same period of 2015.
Revenue for the quarter fell 3% to RUB1.26 trillion, while operating expenses grew 21% to RUB1.14 trillion.
Gazprom said gas volumes sold to Europe, its most-lucrative market, increased by 28% in the first nine months of the year, boosting revenue even as the price fell. Sales volume in Russia sank by 7% and those to former-Soviet countries were down 19%, the company said.
The company has faced increased competition in the domestic market in recent years, and sales to Ukraine have shrunk amid a conflict.
Write to James Marson at James.Marson@wsj.com
(END) Dow Jones Newswires
January 19, 2017 03:32 ET (08:32 GMT)
Copyright (c) 2017 Dow Jones & Company, Inc.
1 Year PJSC Gazprom (PK) Chart |
1 Month PJSC Gazprom (PK) Chart |
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