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The collapsed company’s net profit

У НОВАТЭКа рухнула чистая прибыль

The net profit of NOVATEK under IFRS attributable to shareholders, amounted at the end of the first half of this year 10,884 billion rubles, which at 41.4 times less than in the same period last year, according to the report of the company.

EBITDA (earnings before interest, taxes, depreciation and amortization) fell 1.4 times yoy to 171,938 billion.

Total revenue from sales decreased in January—June 1.4 times to 328,501 billion.

Following the results of II quarter of this year net profit of NOVATEK decreased by 40% yoy to 41,564 billion.

EBITDA 37,655 billion, compared to 69.2 billion rubles a year earlier, while revenue fell in April—June, 34.1% year on year to 143.9 billion rubles.

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