Rosneft posts growth of its net income in 2017, by 40.7% to USD 3.8 billion
In 2017, net income attributable to Rosneft shareholders grew by 27.6% in RUB terms and by 40.7% in USD terms to RUB 222 billion (USD 3.8 billion).
The company says its revenues and equity share in profits of associates and joint ventures grew by 20.6% to RUB 6.01 trillion.
In 2017, EBITDA grew by 9.8% to RUB 1.4 trillion.
Rosneft is the leader of Russia’s petroleum industry and the world’s largest publicly traded petroleum company. Rosneft activities include hydrocarbon exploration and production, upstream offshore projects, hydrocarbon refining, and crude oil, gas and product marketing in Russia and abroad.