Monday, February 6, 2012

Gazprom unveils results


Russia’s state controlled Gazprom has unveiled financial results for the first nine months of 2011. Sales grew 32% to $106 billion while net income rose by 25% to over $30 billion compared with the same period of 2010. However, the upwards pace slowed in the third quarter, with revenues increasing 22% to $30.6 billion and net income going up marginally by just 1.6% to $6 billion, compared with the third quarter of 2010.
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