RESULTS: Losses for Gazprom, USD 4.9 billion write-down for BHP

摘要

Gazprom recorded losses of RUB 2 billion (USD 25.8 million) in its unaudited third-quarter results, while BHP Billiton warned of a USD 4.9 billion loss related to its onshore US assets on Friday. Analysts had predicted losses of up to RUB 17 billion (USD 218 million) from the Russian major, but company profits were still down by nearly 2000% year on year. Third quarter revenue totalled RUB 1.29 trillion (USD 16.5 billion), down 12% on the same period a year earlier, despite higher gas and crude sales to Europe in the nine months to September.