Gazprom Neft increases net profit by 7% in 9M 2019

Gazprom Neft today announces its consolidated IFRS financial results for the nine months (9M) and third quarter (Q3) of 2019. Gazprom Neft’s revenue in the nine months of 2019 grew by 2.4 percent year-on-year to RUB1.871 trillion. Adjusted EBITDA amounted to RUB615.5 billion, a 0.2-percent increase year-on-year. This positive dynamics reflects higher production at major projects and greater refining efficiency.