Gazprom’s Net Plunges As Ruble Takes Its Toll


Gazprom’s Net Plunges As Ruble Takes Its Toll
BY THOMAS GROVE AND ANDREY OSTROUKH
The Wall Street Journal Europe
Apr 30 2015

MOSCOW—Gas giant OAO Gazprom on Wednesday said its profit fell by 86%, or nearly $20 billion, in 2014 due to the weakness of the ruble and one- time charges, but analysts said excluding those effects earnings looked strong. Largely shrugging off…read more…

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