Net profit of the Brazilian Petrobras for 9 months decreased by 59%


In terms of share earnings amounted to $ 0.07 vs. 0.18 per dollar a year earlier. The company’s revenue also fell by almost a third in annual terms, with the result that the indicator reached the level of 75,167 billion.

MOSCOW, 13 Nov. Net profit Brazilian government oil and gas holding Petrobras attributable to equity holders of the company for 9 months of 2015 decreased by 59%, reaching 971 million dollars, follows from a press release of the company.

In terms of the share figure was $ 0.07 vs. 0.18 per dollar a year earlier. The company’s revenue also declined: the decline amounted to 32% in annual terms, with the result that the indicator reached the level of 75,167 billion.

For the third quarter of the current year, the company was able to reduce its net loss by 51% compared to the same period last year to 1.062 billion. In terms of per share loss was $ 0.09 per dollar vs. $ 0.16 a year earlier. The company’s revenue has decreased by 40%, reaching 23,179 billion.

In 2014 they opened a corruption scheme in Petrobras, which has seriously hit the image and the position of the company. The number of functionaries on behalf of the energy giant had signed contracts and was paid a Commission of 3% of the contract amount. These funds were used to bribe politicians and officials. According to authorities, overpricing and bribery brought the authors of the idea about 10 billion reais ($3.8 billion).

Petrobras specializes in operations in the field of production, processing and transportation of oil and natural gas in Brazil and other countries.