Shares of “Gazprom” will come out after the release of strong annual report according to IFRS

Moscow. April 27. Shares of “Gazprom” , which started on Thursday decrease in quotations, will come out strong after the publication of the annual report according to IFRS.

On the Moscow exchange 10:16 GMT shares of Gazprom rose to 133,59 rubles (+0,1%) with a trading volume 0,558 billion. At the start of trading, the price of securities fell to 132.6 rubles (down 0.6%).

Net profit “Gazprom” under IFRS for the year 2016 totaled 951,6 billion compared to 787 billion roubles a year earlier, the company said. The market expected that the profit will be 924,9 billion.

Revenue for the year amounted to 6,111 trillion rubles, compared with 6,073 trillion rubles a year earlier.