The IH 2014 net profit at Rosneft gained 54.829bn rub. (RAS) vs. 5.268bn rub. in losses prior year, the company informed.
The revenues rallied up 53% to 2.217tril rub. from 1.446tril rub.; gross profit - 53% to 996.343bn rub. from 649.653bn rub.
Rosneft (TIN 7706107510) is the largest oil company in Russia. It has 17.618bn barrel of the crude in reserves. The 2011-output reached 2.586mln barrel/day (2.6% in rise).
The share capital is worth 105.981mln rub. split in 10598177810 common stocks of 0.01 rub. par. The major holder is Rosneftegaz (75.16%).
The 2013-net profit added 51% (IAS) to gain 551bn rub. from 365bn rub.
The revenues reached 4.649bn rub.; EBITDA - 947bn rub.
The 2013 net profit rallied down (RAS) 2.2 fold to 136.278bn rub. prior year; revenues moved up 36.5% to 3.544tril rub.; costs - 52.5% to 1.969tril rub.; pretax profit being halved to 154.8bn rub.
The IQ 2014 net profit moved down (IAS) 13.7% to 88bn rub. from 102bn rub. prior year period; cut-down is explained by the negative effects of the paper losses prompted by the rate difference (84bn rub.). The revenues from sales reached 1.375tril rub. (69.3% in rise) due to the optimization of the crude sale routes; EBITDA being doubled to 289bn rub.