Moscow — Russian oil producer Gazprom Neft’s first-half net profit attributable to shareholders fell 54% year-on-year to 150.5 billion roubles ($1.86 billion), according to the company’s financial results published on Wednesday.
The company’s revenue in January-June declined 12% to 1.77 trillion roubles, it said.
Its board recommended a dividend payout of 17.3 roubles per share.
($1 = 80.8455 roubles)
Reporting by Reuters Editing by Mark Potter – Reuters
This article was originally posted at sweetcrudereports.com
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