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2019 August 28   17:22

LUKOIL announces IFRS financial results 2Q and 6M of 2019

PJSC LUKOIL today released its condensed interim consolidated financial statements for the three and six month periods ended 30 June 2019 prepared in accordance with International Financial Reporting Standards (IFRS).

Profit attributable to shareholders totaled RUB 330.5 bln, up 19.6% year-on-year.

In the reporting period, the company’s sales increased by 7.9% year-on-year to RUB 3,976.5 billion. 

For the first six months of 2019 EBITDA increased by 22.5% year-on-year to RUB 630.2 billion. 

LUKOIL is one of the largest publicly traded, vertically integrated oil and gas companies in the world accounting for more than 2% of the world's oil production and around 1% of the proved hydrocarbon reserves. Main activities of the Company are exploration and production of oil & gas, production of petroleum products and petrochemicals, and marketing of these outputs.

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