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Russia's Gazprom says Q2 net profit jumps to $3.8 bln

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Reuters MOSCOW

MOSCOW (Reuters) - Russian gas giant Gazprom said on Wednesday its second-quarter net profit jumped to 259 billion roubles ($3.8 billion) from 48 billion roubles in the year-earlier period thanks to rising sales and energy prices.

It beat a forecast by analysts, polled by Reuters, for second-quarter net income of 228 billion roubles.

Sales increased to 1.83 trillion roubles from 1.39 trillion roubles in the second quarter of 2017.

($1 = 68.0330 roubles)

(Reporting by Vladimir Soldatkin; Editing by Susan Fenton)

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First Published: Aug 29 2018 | 7:09 PM IST

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