LUKOIL posts HI’2016 IFRS net profit of RUB 105.392 bln, down 37.1%, year-on-year

LUKOIL has published its interim consolidated financial statements for the three and six-month periods ended 30 June 2016, prepared in accordance with IFRS.

In HI’2016, profit attributable to LUKOIL shareholders amounted to RUB 105.392 bln, down 37.18%, year-on-year.

Sales revenue fell by 13.73% to RUB 2.51 trillion against RUB 2.91 trillion a year ago

LUKOIL is one of the world’s leading vertically integrated oil & gas companies. Main activities of the Company are exploration and production of oil & gas, production of petroleum products and petrochemicals, and marketing of these outputs.