Russian oil company Lukoil PJSC (LKOH.MZ) Tuesday reported a more-than doubled second-quarter net profit, as it benefited from foreign-exchange gains and the sale of JSC Arkhangelskgeoldobycha.
For the second quarter of 2017 Lukoil made a net profit of 138.65 billion rubles ($2.37 billion), compared with RUB62.6 billion a year earlier. Sales were 1.5% higher at RUB1.39 trillion.
Continue Reading Below
Write to Ian Walker at firstname.lastname@example.org; @IanWalk40289749
(END) Dow Jones Newswires
August 29, 2017 09:50 ET (13:50 GMT)