11 May 2010 11:47

Rosneft to unveil Q1 GAAP results May 17

MOSCOW. May 11 (Interfax) - Rosneft will unveil its financial results to US GAAP for Q1 2010 on May 17, the oil producer said.

Net profit was $1.646 billion for Q4 2009 - down more than 54.5% from the same period of 2008 but up 43.3% from Q3 2009. Sales revenue grew 1.6% q-on-q to $14.567 billion, and EBITDA rose 9.7% to $4.014 billion.