Net profit of Rosneft down over 2 times to RUB 136.27 bln in 2013
Net profit of Rosneft OJSC calculated under Russian Accounting Standards totaled RUB 136.27 bln in 2013, which is 2 times less as compared with the result of 2012, the company says.
Rosneft revenue increased by 34.6% to RUB 3.544 trillion.
Rosneft is the leader of Russia’s petroleum industry, and ranks among the world’s top publicly traded oil and gas companies. The Company is primarily engaged in exploration and production of hydrocarbons, production of petroleum products and petrochemicals, and marketing of outputs. Rosneft has been included in the Russian Government’s List of Strategic Enterprises and Organizations. The state holds 69.50% in the Company, while approximately 10% of shares are in free-float.