Lukoil 3Q Profit Rose on Quarter
November 24 2021 - 2:41AM
Dow Jones News
By Jaime Llinares Taboada
Lukoil PJSC on Wednesday reported an improved profit for the
third quarter, reflecting higher production, prices and retail
sales.
The Russian oil-and-gas company made a net profit of 192.5
billion rubles ($2.59 billion) for the three months ended Sept. 30,
up from RUB189.8 billion for the second quarter.
Earnings before interest, taxes, depreciation and amortization
rose to RUB355.2 billion from RUB339.8 billion.
For the nine months through the end of September, net profit was
RUB539.7 billion, swinging from a RUB14.3 billion loss a year
earlier.
Write to Jaime Llinares Taboada at jaime.llinares@wsj.com;
@JaimeLlinaresT
(END) Dow Jones Newswires
November 24, 2021 03:26 ET (08:26 GMT)
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