Gazprom Q3 net profits double to over $ 10 bn | Bangkok Post: news

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Gazprom Q3 net profits double to over $ 10 bn

The world's largest gas company Gazprom said on Thursday it had doubled third quarter net profits to over 10 billion dollars due to higher sales even as its nine month profits fell.

File picture shows a general view of the Gazprom headquarters in Moscow. The world's largest gas company said on Thursday it had doubled third quarter net profits to over 10 billion dollars due to higher sales even as its nine month profits fell.

Net profits in the third quarter of 2012 were 305.05 billion rubles ($10.05 billion) compared with 151.98 billion rubles ($5.07 billion) in the same period the previous year, the Russian state-controlled giant said in a statement.

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