Gazprom H1 Profit Soars
Gas monopoly Gazprom said on Monday that its first-half net profit under Russian Accounting Standards rose 40.7 percent to 88.45 billion rubles ($3.12 billion), boosted by higher prices.
Sales were up 35.8 percent to 595.54 billion rubles, Gazprom said.
Second-quarter net profit fell 11.52 percent from the first quarter of 2005 due to seasonal factors as sales to Europe, the former Soviet Union and Russia fell after the end of the heating season, Gazprom said.
Sales were up 35.8 percent to 595.54 billion rubles, Gazprom said.
Second-quarter net profit fell 11.52 percent from the first quarter of 2005 due to seasonal factors as sales to Europe, the former Soviet Union and Russia fell after the end of the heating season, Gazprom said.