Veles Capital Released Daily Russian Market Review
OREANDA-NEWS. December 02, 2009. Veles Capital released daily market review:
Gazprom Neft provided the expected financial results for 9 months of 2009. Net profit of Gazprom Neft within 9 months of 2009 reduced by 54.3% to 2.41 bn USD, profit in 3Q 2009 slipped versus the second quarter by 29.5% and formed 846 mn USD, as it comes from the US GAAP report of the company. The financial results have totally matched the market expectations.
Gazprom Neft is extending via prospective extracting assets. Gazprom and Swedish Malka Oil signed a binding protocol on Tuesday on the terms and procedure of selling the Russian oil company STS-Service, LLC – the base production unit of Malka Oil, imparts the press-release of Gazprom-Neft.
Centrtelecom output the IAS results for 9 months of 2009. Sales of Centrtelecom by IAS within 9 months of 2009 formed 27.4 bn RUR, operating profit – 8.4 bn RUR, and net profit – 4.8 bn RUR. Similar estimates for 3Q of 2009 – 9.2 bn RUR, 2.9 bn RUR and 1.8 bn RUR respectively.
MOESK reported by IAS for 6 months of 2009. Sales of MOESK by the results of 6 months of 2009 grew by 31% to 41.6 bn RUR, cost of company grew by 19% and formed 30.9 bn RUR.
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