Gazprom has incurred huge losses 2016-01-18 09:39:50

According to the data, received from Gazprom’s financial department, the company’s net loss for the third quarter of the last year equals around $26 million. Such sharp profit decline was mostly caused by the decrease of the Russian ruble’s value. For the same period in 2014, Gazprom was able to increase its revenues by $1,3 billion. Nevertheless, it is worth noting that the final negative result was much better than the forecast.

The negative news has immediately influenced the value of Gazprom shares, which has decreased by 4.20%. Do not miss the great chance to earn money on a further fall. Remember, that trading will be available during the European session, from 6:30 to 14:30 GMT time.

The news is only for informational purposes and cannot be construed as an offer or indication of the commission of certain transactions in the financial and commodity markets.