6 May 2013 17:59

Rosneft's RAS net profit plummets by over 76% to 19.2 bln rubles in Q1

MOSCOW. May 6 (Interfax) - Rosneft's net profit plummeted by over 76.2% year-on-year to 19.23 billion rubles in Q1 2013, according to the Russian state-owned oil company's financial statement to Russian Accounting Standards (RAS).

Revenue totaled 716.8 billion rubles in the quarter, 12.5% more than in the same period last year.

Pretax profit fell 71% to 28.936 billion rubles.