trending Market Intelligence /marketintelligence/en/news-insights/trending/4wsCa_j9E3FsMWaU3xMUnQ2 content esgSubNav
In This List

Rosneft Oil Q2 profit falls YOY

Blog

Capital Markets Activity Infographic: SPAC Volume Rises in Q3; Equity Issuance Drops but Remains Strong in Several Sectors

Blog

Asset Owner Perspectives on Climate Change Measurement, Management, and Reporting in Australia

Blog

How Financial Institutions are Managing Exposure to U.S. Municipals

Blog

Insight Weekly: Global stock performance; hydrogen pilot projects; Powell's Fed future unsure


Rosneft Oil Q2 profit falls YOY

PJSC Rosneft Oil Co. said its normalized net income for the second quarter was 7.30 Russian rubles per share, compared with the S&P Capital IQ consensus estimate of 8.23 rubles per share.

EPS fell 16.9% year over year from 8.79 rubles.

Normalized net income, which excludes unusual gains or losses on a pre- and after-tax basis, was 77.38 billion rubles, a decrease of 16.9% from 93.13 billion rubles in the year-earlier period.

The normalized profit margin fell to 6.6% from 7.1% in the year-earlier period.

Total revenue decreased 10.3% on an annual basis to 1.173 trillion rubles from 1.308 trillion rubles, and total operating expenses fell 11.0% year over year to 982.00 billion rubles from 1.103 trillion rubles.

Reported net income decreased 33.6% on an annual basis to 89.00 billion rubles, or 8.40 rubles per share, from 134.00 billion rubles, or 12.64 rubles per share.

As of Aug. 15, US$1 was equivalent to 64.02 Russian rubles.